👉Pump.fun confirms no token release, dispelling market rumors
Alon Cohen, CEO of Pump.fun, stated that the platform has no plans to release a token, refuting recent rumors. He emphasized that any speculation related to tokenomics or auctions is unfounded.
This announcement aims to stabilize investor sentiment and avoid misleading expectations that could cause market volatility. Pump.fun – a social gaming platform – is choosing a cautious approach, reflecting the general trend in the cryptocurrency industry after several previous token speculation events that caused disturbances.