PANews reported on July 9 that according to an official announcement, the crypto asset trading platform Gate announced support for the Solana ecosystem's popular project Pump.Fun (token abbreviation: PUMP) to launch a public sale, with an estimated sale of 15% of the total tokens, a target fundraising scale of US$600 million, and a project market value of US$4 billion. The PUMP sale adopts an open and fair launch model. Users can subscribe to tokens through the Gate platform at a unit price of 0.004 USDT. The subscription period is from 22:00 on July 12, 2025 to 22:00 on July 15 (UTC+8), while stocks last. Users can participate in USDT, with a single subscription range of 5 to 100,000 USDT.

PUMP is a utility token issued by the Pump.Fun Memecoin issuance platform and the swap.pump.fun automated market maker (AMM) protocol. Gate emphasized that this subscription activity was independently initiated by the Pump.Fun team, Gate Labs did not participate in the investment of this project, and the platform only provided technical and operational support, reminding users to fully understand the project background and potential risks before participating, and make rational judgments and prudent decisions.