On July 8, Pump.fun, the Meme coin launch platform on Solana, originally planned to launch its own token sales later this week, but the plan was subsequently suspended. According to a page on the Gate.io cryptocurrency exchange, Pump.fun plans to offer 150 billion PUMP tokens for public sale, accounting for 15% of the total supply, priced at $0.004 per token, corresponding to a fully diluted valuation (FDV) of $4 billion. However, after attracting a lot of social media attention, the page has been taken down. Representatives for Pump.fun and Gate did not immediately respond to Decrypt's requests for comment.