PUMP: $500 million in 12 minutes, but..

🔵 The public ICO of the PUMP token from PumpFun raised a record $500 million out of the planned $600 million in just 12 minutes.

🔵 At first glance — a success, but a mystery arose on the official website and in the sale interface: where did the $100 million go?

🔵 That's how much is not displayed in the progress bar, even though major players like Bitget, Bybit, and MEXC participated in the sale.

🔵 The likely reason — technical issues with data synchronization between exchanges and the project website. It's possible that some transactions did not confirm in real-time, and the team suspended the distribution of the missing amount to redistribute it later.

🔵 The sale took place simultaneously on several exchanges: Bitget, Bybit, Kraken, KuCoin, MEXC, Gate, and the official PumpFun website. The listing of PUMP is already supported by major platforms, including Binance Futures with futures on the token.

❗️ 189 addresses received $1 million each — this is almost 40% of the total volume. 121 addresses received over $500k, almost 97% of the funds came in USDC, the rest in USDT.

🔵 For ordinary users, it was almost impossible to buy tokens: all the liquidity went to major players, and exchanges did not help either — most orders simply did not go through.