PANews reported on October 27th that, according to SolanaFloor, trading terminal Padre, following its acquisition by Pump.fun, announced that PADRE token holders will receive PUMP tokens based on their holdings, as recorded in the October 24th snapshot. Holders must submit their Solana wallet address by December 30th to claim the tokens. This move follows a backlash from Pump.fun after the company announced the acquisition in a tweet stating that PADRE tokens "will no longer have utility on the platform."