#Pumpfun
Trade it . . opening on 12 th this month โคโคโโ๐โโโค๐ค๐ค๐ค๐๐๐๐๐
๐๐ช๐ข๐ฅ.๐๐ช๐ฃ ๐ผ๐๐ฆ๐ช๐๐ง๐๐จ ๐๐ค๐ก๐จ๐๐๐ฃ ๐๐ง๐๐๐ ๐๐ฃ๐ ๐๐ค๐ค๐ก ๐ผ๐๐๐๐ ๐ค๐ $600๐ ๐๐พ๐
In a bold pre-ICO move, Pump.fun is ramping up its capabilities with the acquisition of Kolscan, a powerful wallet tracking tool. With a $600 million public token sale looming, the question is: how will this acquisition impact Pump.funโs ecosystem?
Earlier today, Pump.fun, the Solana-based memecoin launchpad, declared the strategic acquisition of Kolscan, a wallet tracker. In an X post, the platform asserted that this move, marked as the first of its kind, would โchange the entire on-chain trading landscape.โ
Notably, this development comes just a day ahead of the much-anticipated public coin offering (ICO), scheduled for July 12. Pump.fun posted on July 9 that the platform is gearing up for a public coin sale, with the plan to โKill Facebook, TikTok, and Twitch.โ
Significantly, the integration enhances transparency, copy-trading, and wallet tracking, solidifying its memecoin launchpadโs position. By combining Kolscanโs analytics with its social trading tools, Pump.fun aims to create more robust products for users. Co-founder Alon Cohen stated,
As recently reported by CoinGape, Pump.fun is preparing for a massive $600 million ICO on July 12. The ICO aims to raise $1.32 billion by selling 330 billion PUMP tokens, representing 33% of the total 1 trillion token supply, at $0.004 per token. This confirms CoinGapeโs previous report that the platform plans to raise around $1 billion through its token sale.
Adding more intrigue to the matter, exchanges like Gate.io and Bitget had leaked posts on the potential pump.fun token sale. On July 9, CoinGape reported that Bybit unexpectedly announced and then promptly removed details of a planned $600 million token sale for Pump.fun.