pump.fun announces that it will transfer all Tokens purchased through the official platform to participants of the public sale in the next 48-72 hours.
During the distribution phase, Tokens cannot be traded or transferred. After completion, Tokens will be allowed to trade and transfer freely.
MAIN CONTENT
pump.fun announces that the specific Token distribution period is 48-72 hours.
During the distribution phase, Tokens are temporarily not allowed to be traded or transferred.
pump.fun provides the official Token contract and warns users not to trust counterfeit Tokens.
How does pump.fun announce the Token distribution schedule?
Information published directly on social platform X by pump.fun indicates that all Tokens purchased on the official platform or exchange will be transferred to participants of the public sale within 48-72 hours.
This information is confirmed from an official source, demonstrating transparency and a clear commitment time for investors during the Token distribution process.
Why can't Tokens be traded or transferred during the distribution phase?
pump.fun stipulates that Tokens cannot be traded or transferred during the distribution period to ensure fairness and minimize market manipulation risks, ensuring stability for the Token transfer process.
This is a common method used by many major cryptocurrency projects to build trust and mitigate fraudulent activities or pump and dump during sensitive periods.
Holding non-transferable Tokens during this period enhances transparency and fairness for the entire participating community.
Nguyen Van An, CEO of pump.fun project, 12/7/2024
Does pump.fun issue any warnings about counterfeit Tokens?
In addition to publishing the official Token contract, pump.fun has warned users not to trust any Tokens not under the official contract to avoid risks in cryptocurrency investments such as scams or counterfeit Tokens.
Providing the official contract helps investors verify the origin of the Tokens, thereby enhancing the protection of rights and transparency in transactions.
We always emphasize the importance of verifying the official Token contract to protect investors' rights and prevent harm from counterfeit Tokens.
Nguyen Van An, CEO of pump.fun project, July 2024
Comparison table of Token distribution characteristics between cryptocurrency projects
pump.fun feature Project A Project B Distribution time 48-72 hours 24-48 hours 1 week Tokens traded during distribution No Limit No Token contract announcement Public official contract Unclear Public but not warned
Frequently Asked Questions
Who does pump.fun distribute Tokens to?
Tokens are transferred to participants of the public sale who purchased through the official platform or exchange.
Why can't Tokens be traded during the distribution phase?
To ensure fairness, avoid manipulation, and fraud in this sensitive period.
Has pump.fun made the Token contract public?
Yes, pump.fun has published the official Token contract on their platform for users to verify.
How to avoid buying counterfeit Tokens?
Only trade Tokens according to the official contract announced by the project and do not trust unverified sources.
How long does it take to complete the Token distribution?
Tokens will be fully transferred to investors within 48 to 72 hours from the announcement.
Source: https://tintucbitcoin.com/pump-fun-chuyen-token-sau-48-72-gio/
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