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Pump.Fun’s $1 Billion Token Sale Raises Liquidity Concerns for Memecoin Universe

Summary by Bloomberg
Pump.fun’s decision to raise $1 billion is sparking concern that a token sale by the most popular platform for creating memecoins risks siphoning demand away from the hundreds of coins issued daily through the website.

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ddaily.co.kr broke the news in on Monday, June 9, 2025.
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