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US and UK Buyers Excluded From Pump.fun’s $600M Token Sale

  • Pump.fun is holding a $600 million token sale, positioning them as one of the top cryptocurrency projects with a fully diluted valuation of $4 billion.
  • US and UK residents are excluded from participating in the ICO due to regulatory challenges faced by the company in those jurisdictions.
  • The ICO will have an immediate liquidity approach, with all tokens being fully unlocked from day one and only a brief non-transferable period after the sale.
  • Pump.fun plans to utilize the ICO funds to expand beyond memecoins, aiming to build a decentralized social network to compete with major platforms like Facebook and TikTok.

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