Bitget lists Pump.fun (PUMP) on Launchpool, offering over 123M tokens. Concerns about locked presale funds are addressed. Get the latest on PUMP rewards and memecoin mania!
Bitget Launchpool Heats Up with Pump.fun (PUMP) Token Rewards: What's the Deal?
Hold onto your hats, crypto enthusiasts! The buzz around Bitget Launchpool and Pump.fun (PUMP) is real. Bitget is throwing a massive token reward party, but are the presale funds locked? Let's dive in.
Bitget's PUMP-tastic Launchpool Campaign
Bitget, ever the trendsetter, is adding Pump.fun (PUMP) to its Launchpool. We're talking a whopping 123,594,000 PUMP tokens up for grabs! If you're looking to snag some rewards, here's the lowdown: lock up your BGB tokens between July 15, 2025, and July 18, 2025, and you could score a share of that sweet, sweet PUMP. The amount of BGB you can lock depends on your VIP tier, ranging from 5 to 50,000 BGB.
Pump.fun: Meme Coins Made Easy
So, what's the deal with Pump.fun? It's a Solana-based platform that's democratizing meme coin creation and trading. No coding skills? No problem! You can launch a token in under a minute, with zero upfront costs. Pump.fun is all about making crypto accessible and fun, fostering a community-driven ecosystem where users can discover and trade meme coins.
Are Pump.fun's Presale Funds Really Locked?
Now, here's where things got a little spicy. Rumors started swirling that Pump.fun's $500 million presale tokens were permanently locked due to the absence of a withdrawal function in its smart contract. Talk about a buzzkill! One X user even claimed to have used some super-secret "JSON SQL SUGARTOWN ORA CORES SECURITY" method to verify the contract's state.
Hacken to the Rescue!
But fear not, crypto comrades! Crypto security firm Hacken stepped in to set the record straight. They clarified that while the legitimate PUMP token's smart contract doesn't include a "withdraw" function, this is actually pretty standard for Solana SPL and Ethereum ERC-20 tokens. These contracts manage balances and transfers, but they don't function as vaults holding or releasing funds. Hacken also confirmed that the tokenomics match publicly reported figures, with the majority of tokens held by developer-related wallets.
Pump.fun ICO: A Quick Sell-Out Success
Despite the FUD, Pump.fun's initial coin offering (ICO) was a smash hit, selling out in just 12 minutes and raising a cool $500 million. Of the total token supply, 33% was allocated to the ICO, with portions reserved for the ecosystem, future projects, and existing investors.
The Bottom Line
Bitget's Launchpool campaign with Pump.fun is an exciting opportunity to get your hands on some PUMP tokens. While there were some initial concerns about locked presale funds, those fears have been debunked by security experts. So, get ready to lock up your BGB, dive into the world of meme coins, and see what all the fuss is about!
Disclaimer: Crypto investments are risky, yo! Do your own research and only invest what you can afford to lose. Now go get those PUMP rewards!
