Velocity Capital Investor: Heard that pump.fun has no airdrop, the offering valuation might be $5 billion
Odaily Planet Daily News: Velocity Capital investor DeFi Cheetah posted on X stating that the rumors he heard about pump.fun's financing include:
1. No airdrop, but a whitelist will be set for the public sale;
2. The fundraising target for the public sale is $800 million, with a valuation of $5 billion;
3. VCs will also have a $200 million allocation, with the same valuation of $5 billion;
4. The public sale will take place on most mainstream CEXs, which are preparing for it.
Previously, Blockworks reported earlier that pump.fun plans to raise $1 billion through a token sale, with a valuation of $4 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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