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The token slid 7.3% in the same period, briefly touching the $5 billion in fully diluted valuation.
Gino Matos 2 min read 
Memecoin launchpad Pump.fun sold 150 billion PUMP tokens to retail investors through its ICO, taking its total token sale to $1.32 billion.
Along with major cap altcoins, tokens related to NFT applications and artificial intelligence also posted significant gains in the past 24 hours.
Market enthusiasm over PUMP pre-sale contrasts with whale skepticism suggesting a potential post-launch downturn.
Bitcoin's all-time high energizes altcoin market, with memecoins and DeFi tokens posting significant gains.
Crypto researcher criticizes Pump.fun ICO, calling tokenomics exploitative and lacking plans for community rewards.
Moonshot enhances user experience by integrating Apple Pay, making memecoin minting as simple as a photo upload and one tap.
The auction was slated to take place on June 25, but reports indicate Pump.fun intends to delay it to sometime next month.
Financial misconduct allegations against TikTok highlight Trump’s controversial crypto dealings.
