Pump.fun plans to raise $ 1 billion in a sale of tokens with a fully diluted valuation (FDV) of $ 4 billion, according to blockworks, which added that it could not confirm the time or if the new token would be broadcast on the pump.
The platform, which allows everyone to freely believe their own tokens in the Solana block chain, has generated more than $ 700 million in total revenues since its launch more than a year ago, according to history.
Solana sun
He dropped around 2% when the news reached, but since then he has recovered approximately half of that instinctive decline.