Pump.fun dismisses token launch rumors on heels of lawsuit

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

Pump.fun co-founder Alon Cohen is denying reports that the Solana (SOL)-based memecoin launchpad will issue its own native token. Crypto reporter Colin Wu earlier said that Pump.fun is working on launching its own token and plans to use the Dutch auction system in the public offerings.  Wu said that his team confirmed the information with insiders from multiple centralized exchanges (CEXs) that Pump.fun is purportedly working with to develop the…

Pump.fun Co-Founder Dismisses PUMP Token Launch Speculation

Pump.fun’s co-founder Alon Cohen has dismissed speculation about an upcoming PUMP token launch. The development comes as the platform is facing a potential class-action lawsuit for the alleged sale of unregistered securities. Token Launch Rumors Cohen addressed the rumors on X, stating, “Seeing rumors about a potential pump fun token – these are wrong.” He also urged users to rely only on official updates from the team. The executive emphasized …

Pump.fun Co-founder Refutes Rumors of Token Launch - Blockonomi

Rumors recently circulated on X that Pump.fun, the leading Solana-based memecoin launchpad, was gearing toward a Dutch auction in partnership with centralized exchanges. Wu Blockchain reported on Sunday that they saw documents that confirmed the token launch. Despite Alon’s denials, reports claim to have documentary evidence and confirmations from exchange staff. The report, which also outlined a token supply and unlock schedule for public sale,…

Key points of the news Alon, co-founder of Pump.fun, refutes rumors about the launch of a platform token, asking users to trust only official sources. Although he denies the launch of a token, Alon claims that the team continues to work on improving the platform and rewarding users. The crypto community is warned not to follow unverified rumors and expect only official updates of the platform. Amid growing speculations about a possible launch of…

Pump.fun Co-Founder Denies Token Rumors, Warns Users

TL;DR Alon, co-founder of Pump.fun, denies rumors about the platform’s token launch, urging users to only trust official sources. Although denying the token launch, Alon assures that the team continues to work on improving the platform and rewarding users. The crypto community is warned to...

Pump.fun Denies Token Launch Rumours Amid Legal Crisis

Pump.fun co-founder Alon has denied rumors of an upcoming token launch and IPO The Lawsuit Served to Pump.fun over the launch of DOGSHIT2 Token Alon, Co-founder of Pump.fun came out to clarify circulating rumors about a token launch and initial public offering (IPO), calling the reports inaccurate.  Feb 9th a certain crypto news platform shared a post on x that Pump.fun has launched its own memecoin token $PUMP.  The post claimed that the token …