Gate.io Deletes Pump.fun Token Sale Page Showing $4B Value and Launch Date

Highlights:

• Gate.io quietly removed Pump.fun sale page, sparking speculation about a $1 billion raise.
• The token sale was set for July 12, offering 150 billion tokens at $0.004.
• Social media buzz grows as traders debate the reasons behind the sudden page removal and silence.

Cryptocurrency exchange Gate.io has secretly removed a webpage that showed details of an upcoming token sale for Pump.fun, a memecoin platform built on the Solana blockchain. On Tuesday, users on X noticed a “leaked” page that revealed information about a planned public sale of the official Pump.fun token, which was expected to begin on July 12. 

The page mentioned that 150 billion tokens would be sold at a price of $0.004 each, from a total supply of 1 trillion tokens. If sold out, the sale could raise around $600 million. Pump.fun called it their “first official public token sale,” with a $4 billion valuation. The crypto exchange later took down the page from both its English and Chinese websites and replaced it with a 404 error message.

🚨@pumpdotfun Public Token Sale: All You Need to Know

– Token: $PUMP
– Total Supply: 1 trillion
– Date: July 12 – July 15 (3 days)
– Tokens for Sale: 150 billion
– Sale Price: $0.004
– Fully Diluted Valuation: $4 billion pic.twitter.com/8jijGWgVBp

— SolanaFloor (@SolanaFloor) July 7, 2025

Pump.fun Token Sale Sparks Buzz

As per the deleted page, the PUMP.fun token sale is scheduled to begin on July 12 and run for 72 hours. The sale will follow a first-come, first-served basis with no maximum purchase limit. Gate also noted in its FAQ that only a minimum purchase amount is required per user, as long as the quota remains available.

The Pump.fun token launch is getting a lot of attention on social media. On X, some traders think the deleted page means a delay or changes, while others believe it could be due to technical problems or legal issues. Meanwhile, a Gate.io user shared a support message that said Pump.fun’s Pre-Market OTC was removed after talks between Gate and the project. No date was given for when it might return. This brought back earlier rumors from June that Pump.fun could be planning to raise $1 billion. But there is still no word from the team or founder, Alon Cohen. 

Pump.fun Activity Drops as LetsBONK.fun Surges

Pump.fun became popular during January’s memecoin hype, helping launch over 11 million tokens and earning 4.4 million SOL (about $655 million). Since then, activity has dropped. Dune shows a 75% drop in volume, and DeFiLlama shows an 80% fall.

However, Pump.fun’s revenue has been declining steadily as LetsBONK.fun gains more attention and user activity. Data from DeFiLlama shows LetsBONK.fun earning over $1 million in daily revenue, nearly double Pump.fun’s $533,000 during the same time. Much of LetsBONK.fun’s strong growth is tied to the success of Bonk (BONK), the leading memecoin on the Solana blockchain.

The coin powers Pump.fun’s growing ecosystem as its main utility token. By allowing easy coin listings on Solana, Pump.fun has built a name as a smooth, user-friendly platform. Users can mint and trade tokens without coding skills or any upfront cost. Pump.fun is also facing legal challenges, with lawsuits accusing the platform of enabling pump-and-dump schemes. The platform is also overwhelmed by bots creating tokens every minute, though most of these tokens fail to develop real communities.