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Reading: Rumors Surrounding Pumpfun’s Token Launch Spark Debate
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COINTURK NEWS > Cryptocurrency News > Rumors Surrounding Pumpfun’s Token Launch Spark Debate
Cryptocurrency News

Rumors Surrounding Pumpfun’s Token Launch Spark Debate

In Brief

  • Alon Cohen dismisses rumors about Pumpfun's token launch.

  • Colin Wu highlights documented claims supporting the token issuance preparations.

  • Caution is advised until official announcements clarify the situation.

Ömer Ergin
Ömer Ergin 3 months ago
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Alon Cohen, a partner at Pumpfun, has dismissed claims regarding the upcoming launch of the project’s native token based on the Solana $173 platform. Reports circulating in the market suggested that the token would be launched using a Dutch auction system in collaboration with centralized exchanges. However, official statements emphasized that the project has focused on product development and rewarding users over the past year.

Contents
Pump Fun TokenBusy Agenda

Pump Fun Token

Colin Wu, a journalist covering the cryptocurrency sector, elaborated on these claims, stating that the preparations for Pumpfun with centralized exchanges are documented. Wu pointed out that he received information from internal sources validating the rumors’ accuracy.

Colin Wu: “There is documented information supporting the claims regarding Pump.fun’s token launch. However, the launch timing is not yet clear.”

In statements made via social media, Alon Cohen reiterated that the circulating rumors do not reflect reality. He advised against paying attention to the claims, asserting that the project team is primarily focused on product development.

Alon Cohen: “The token claims related to Pumpfun are incorrect. Our team has prioritized product development over the past year, dedicating time to reward users appropriately.”

Busy Agenda

Various stakeholders in the industry continue to share differing opinions about the token issuance process based on information from different centralized exchanges. While a definitive conclusion regarding the rumors’ legitimacy has yet to be reached, it is advised to await official announcements.

Furthermore, the Pumpfun team has indicated that they prefer to make official announcements solely through recognized channels, stressing the need to question the credibility of rumors. Information obtained regarding the project serves as a reference for followers and potential stakeholders, yet cautious evaluations are recommended until definitive developments are disclosed. Investors should follow official channels to avoid potential traps from questionable airdrop advertisements, as these channels currently refute claims that lack documentation.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 11 February, 2025 - 5:05 am 11 February, 2025 - 5:05 am
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