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Home » Altcoins » Pump.fun Co-Founder Alon Cohen Denies Rumors That Project Is Launching Own Native Token
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Altcoins

Pump.fun Co-Founder Alon Cohen Denies Rumors That Project Is Launching Own Native Token

CryptoAINewsBy CryptoAINewsFebruary 11, 2025No Comments2 Mins Read
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Pump.enjoyable co-founder Alon Cohen is denying reviews that the Solana (SOL)-based memecoin launchpad will difficulty its personal native token.

Crypto reporter Colin Wu earlier said that Pump.enjoyable is engaged on launching its personal token and plans to make use of the Dutch public sale system within the public choices. 

Wu mentioned that his staff confirmed the knowledge with insiders from a number of centralized exchanges (CEXs) that Pump.enjoyable is purportedly working with to develop the system.

In response, Cohen says on the social media platform X that the speculations are usually not true. He additionally tells his followers to not consider in something that didn’t straight come from Pump.enjoyable.

“Seeing rumors a few potential pump enjoyable token – these are fallacious…

Whereas the Pump.enjoyable staff has primarily been targeted on enhancing the product in its one-year historical past, the staff has all the time been dedicated to rewarding its customers correctly. Good issues take time!”

However Wu stands by his report, saying he has proof to help the declare.

“It’s virtually a public undeniable fact that Pump.enjoyable plan to difficulty token utilizing the Dutch public sale contained in the CEXs…

Wu Blockchain Group obtained the detailed coin issuance preparation paperwork that Pump.enjoyable offered to the CEXs. We are able to additionally publish with permission. 

The itemizing workers of a number of exchanges additionally confirmed to us that Pump.enjoyable plans to difficulty a token. However the time is certainly not decided.”

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Featured Picture: Shutterstock/Zaleman/Sensvector





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