Bybit has confirmed particulars of the much-awaited Pump.enjoyable token sale, revealing that customers registered by means of its European Union-regulated platform, Bybit.eu, is not going to be permitted to take part within the token sale, citing compliance with the European Union’s Markets in Crypto-Property Regulation (MiCA).
The general public sale of PUMP, the native token of the no-code memecoin launchpad Pump.enjoyable, will open on July 12 at 14:00 UTC and run by means of July 15, in accordance with a Wednesday press launch shared with Cointelegraph.
A complete of 150 billion PUMP tokens, 15% of the one trillion complete provide, shall be supplied at a hard and fast value of $0.004 USDT per token.
Bybit, presently the world’s second-largest crypto change by buying and selling quantity, is the one platform taking part within the sale.
The change will assist subscriptions in USDt (USDT), USDC (USDC), Solana (SOL) and bbSOL, offering entry to each stablecoins and Solana-native belongings.
Associated: Gate.io deletes page showing a $600M Pump.fun token sale
Pump.enjoyable rises to prominence
Pump.enjoyable, launched in January 2024, shortly rose to prominence for enabling customers to create and commerce memecoins with zero coding abilities. The platform’s gamified interface and viral mechanics have pushed a wave of onchain experimentation on Solana, remodeling informal customers into lively token creators and merchants.