Gate News bot news, according to the announcement from Gate platform on July 9, 2025:
Gate will support the public sale event of the Solana ecosystem project Pump.Fun (PUMP). This sale plans to sell 150,000,000,000 PUMP tokens, with a subscription price of 1 PUMP = 0.004 USDT, and a total project market value of 4 billion USD.
The subscription event will take place from July 12, 2025, 22:00 to July 15, 2025, 22:00 (UTC+8). Users can participate in the subscription using USDT. During the first 6 hours after the subscription begins, the individual subscription limit is 250,000,000 PUMP.
Pump.Fun is a Solana-based Memecoin issuance platform and AMM protocol, with PUMP as its utility token, which will be used for platform promotional activities. The total token supply of the project is 1 trillion tokens, running on the Solana network.