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- 🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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https://www.gate.com/announcements/article/45974
PUMP Token Price Falls Below Initial Sale Price as Major Fund Distributes Holdings
Gate News bot message, PUMP token has fallen below its initial private and public sale price of $0.004. Data shows "PUMP Top Fund 1" acquired 25 billion PUMP tokens for 100 million USDC during the private sale at $0.004 per token. The fund has subsequently transferred 17 billion PUMP tokens (valued at $89.5M) to centralized exchanges, while maintaining possession of 8 billion PUMP tokens (worth $29.58M).