The page indicated the sale of 150 billion tokens at $0.004 each from a total supply of 1 trillion tokens. The collection would round off to approximately $600 million. The page also mentioned that this IEO (Initial Exchange Offering) is Pump’s “first official public token sale” with a valuation of $4 billion.

However, the crypto exchange later scrubbed the page from both its English and Chinese websites, currently displaying a 404 “page not found” error. A statement from Gate.io support regarding the page removal has only muddled the situation further, stating, “following negotiations between Gate and the project, Gate has removed Pump.fun Pre-Market OTC. Currently, there is no confirmed date or announcement for its relaunch.”

The statement refers to an October 2024 announcement that the platform would no longer support over-the-counter trading for Pump.fun. Cointelegraph attempted to get comments from Gate.io and Alon Cohen, the founder of Pump.fun, but no immediate response was received.

Pump.fun experienced a surge in popularity in January amidst the memecoin minting frenzy. The platform has enabled the creation of over 11 million new tokens with a combined total revenue of about 4.4 million Solana SOLUSD, or approximately $655 million, according to Dune Analytics. However, the platform’s volumes have declined by around 75% since the peak of the memecoin frenzy in January. DefiLlama reports a sharper 80% drop in daily volume on the platform over the last six months.

In early June, rumors circulated that Pump.fun was looking to raise $1 billion through a token sale that would value the company at $4 billion. Neither the platform nor its co-founder, Alon Cohen, confirmed these rumors despite a report at the time citing sources familiar with the matter.

The post Gate.io Erases Evidence of a Potential $600M Pump.fun Token Sale appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

Cryptocurrency enthusiasts often look to pop culture for unexpected predictions, and The Simpsons have gained a reputation for “predicting the future.” One such speculative highlight is the forecast of PI reaching an astonishing $380! While this number may seem far-fetched today, the PI/USDT trading pair is gaining traction, now available for trading on Gate.io at a highly undervalued price of just $0.001861. This could be your golden opportunity to invest in a coin with tremendous potential.

Why Is PI Generating Buzz?

• The Simpsons Effect: In a world where The Simpsons are considered unofficial seers, their nod to cryptocurrencies has stirred speculation about PI reaching the coveted $380 mark. Though not officially tied to PI, the association has amplified discussions about the coin’s future potential.
• Gate.io Listing: The availability of PI/USDT on a leading exchange like Gate.io underscores the growing accessibility and trust in PI, making it easier for investors to participate.
• Undervalued Entry Point: At a current price of $0.001861, PI presents an attractive investment opportunity, especially for those who believe in its long-term growth potential.

Should You Hold PI Now?

Holding PI at such a low price could position investors to capitalize on future growth. While the $380 prediction is speculative, the cryptocurrency market has repeatedly shown its capability to defy expectations. By purchasing on Gate.io, investors gain access to a coin with growing market interest and historical hype.

Don’t Miss Out!

PI’s current price and availability offer a rare chance to buy into the market before wider adoption potentially drives the price higher. Whether inspired by The Simpsons or your analysis of market trends, PI might just be the next big thing in your portfolio.

The post 🚀 PI/USDT: Could The Simpsons’ $380 Prediction Come True? Buy Now on Gate.io! appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

The move has been possible thanks to the partnership with GroundX, a blockchain subsidiary of Kakao Corporation, the source says. Citing the report in Hanguk Kyungjae, the source says subscribers will be able to receive 10% of their monthly subscription price in crypto tokens KLAY. Moreover, users who install Klip wallet in their KakaoTalk app will get additional rewards.  

Klip is a cryptocurrency wallet in the Korean chat app KakaoTalk. The project started in June last year and reached 0.75 million users across the globe in March of this year.

KLAY token ranks #18 with a market cap of around $8 billion on CoinMarketCap.com. Moreover, it has a listing on such crypto exchanges as Bittrex, Liquid, OKEx, and Gate.io, per CoinMarketCap.com data. It is trading at around $3.27 at the time of writing.

Klaytn, Kakao’s blockchain project behind the cryptocurrency KLAY, has recently become the first public platform besides Ethereum to be integrated with OpenSea. The integration of Klaytn with the largest NFTs marketplace will allow users to purchase and sell NFTs powered by Klaytn using KLAY tokens.

The post Subscribers of Hanguk Kyungjae will receive crypto tokens appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.