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

by Catatonic Times
February 11, 2025
in Altcoin
Reading Time: 3 mins read
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Pump.enjoyable co-founder Alon Cohen is denying reviews that the Solana (SOL)-based memecoin launchpad will concern its personal native token.

Crypto reporter Colin Wu earlier mentioned 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 data 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 will not be 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 improper…

Whereas the Pump.enjoyable staff has primarily been centered on bettering 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 assist the declare.

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

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

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

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The put up Pump.enjoyable Co-Founder Alon Cohen Denies Rumors That Undertaking Is Launching Personal Native Token appeared first on The Each day Hodl.



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