🚨MASSIVE SCAM: PumpFun Sale details Gate launched a page of PumpFun ICO. The one, I warned you many times before others Tokensale details: • 4B FDV • 1T supply • 150B token for sale (15%) • Price 0.004 • Raising 600M The page was deleted, but I believe it contains true information since small exchanges like to hype on such events, especially early listings. How will it be going? I think multiple CEXes, probably a lot of them, gonna have different amount of tokens they are selling. Possible options: oversubscription, FCFS, raffle. Potential profits Valuation and raise is insanely huge. 4B FDV could be fine, if not 600M raise and LetsBonkFun which is beating PF. Considering both market state, amount raised and current PF position, chances of being profitable are low. Good listing – "Oh, that was obvious gem" Bad listing – "Oh, that was obvious scam" Why I am AGAINST pumfun token sale 1) They are raising too much. Insanely huge amount with no purpose. They already made a lot of money. 2) This will take a lot of liquidity out of the market, and we don't have much free liquidity left. 3) Valuation is also huge. If the sale is profitable, it will take even more than 600M of liquidity away. Final thoughts Waiting for all official confirmations and details, then making a decision. For now, it looks like a deal with pretty bad RR. In order to be profitable, they should be innovative about their platform and not greedy. I don't see that. Don't forget to follow me and turn notifs on.