Coinbase，Pump和Market Trading：Crypto現場的紐約分鐘

Coinbase用泵介入前市場交易，攪動加密鍋。降低這對您和Memecoins的未來意味著什麼。

Coinbase is shaking things up with the launch of PUMP pre-market trading, set to go live on July 10, 2025. This new feature promises early access to the hyped Solana-based token before its official debut. But is it all sunshine and roses? Let's dive in.

Coinbase隨著泵前市場交易的推出，將於2025年7月10日上線。這項新功能有望在其正式首次亮相之前早期訪問炒作的Solana代幣。但這都是陽光和玫瑰嗎？讓我們潛水。

What's the Deal with PUMP?

泵怎麼辦？

PUMP is the token of Pump.Fun, a memecoin launchpad built on the Solana blockchain. Coinbase International and Advanced platforms are gearing up to list $PUMP, offering a sneak peek before the Initial Coin Offering (ICO) on July 12. This move aims to maximize global user participation and enhance early-stage investment options.

泵是泵的令牌。 Coinbase International和Advanced Platforms正準備列出$泵，並於7月12日在初始硬幣產品（ICO）之前提供偷窺。此舉旨在最大程度地提高全球用戶參與並增強早期投資選擇。

Pre-Market Trading: A Risky Business?

預售交易：風險業務？

The PUMP pre-market trading feature allows traders outside the US, UK, and Canada to dabble in perpetual futures on unlaunched tokens. Coinbase is capping trading leverage at 2x, with a $50,000 notional maximum position limit, to keep things somewhat stable. But don't be fooled; it's still the wild west out there.

泵前市場交易功能允許美國，英國和加拿大以外的交易者涉足未啟動令牌的永久期貨。 Coinbase將交易槓桿限制為2倍，並具有5​​0,000美元的名義最大位置限制，以保持穩定。但是不要上當；仍然是那裡的野外。

The ICO Details

ICO詳細信息

The ICO will make 33% of the total 3 trillion token supply available, with retail investors getting their hands on 15% at $0.004 per token. The rest is divvied up among team members, early investors, and ecosystem incentives. Trading on other platforms like Bybit, Kraken, and KuCoin will kick off 2–3 days after the ICO, supposedly to cushion the blow of post-sale volatility.

ICO將使總計3萬億代供應量的33％可用，散戶投資者在15％上獲得了15％的供應，為每電代幣0.004美元。其餘的人在團隊成員，早期投資者和生態系統激勵措施中分配。在ICO之後2至3天，在Bybit，Kraken和Kucoin等其他平台上進行交易，據說是為了緩沖銷售後波動率的打擊。

The Skeptic's Corner

懷疑論者的角落

Not everyone's thrilled about this. Four major crypto traders opened short positions on PUMP totaling $9.2 million after the launch of preliminary trading. Some critics argue that platforms like Pump.Fun turn altcoin investors into “meme-coin gamblers.” Others point to the potential for inflated valuations just before these platforms fade away.

並不是每個人都為此感到興奮。初步交易推出後，四名主要加密交易員在泵上佔據了920萬美元的簡短職位。一些批評家認為，諸如pump.fun的平台將altcoin投資者變成“模因賭徒”。其他人則指出，在這些平台逐漸消失之前，可能會產生膨脹的估值。

Pump.Fun's Response

泵

Pump.Fun isn't sitting still. They've acquired Kolscan, an analytics tool that tracks wallet activity and ranks top traders. The goal? To make trading more interactive and social, with real-time performance data and strategy comparisons. Co-founder Alon believes it'll help both newbies and seasoned traders learn from each other.

泵。未坐著。他們收購了Kolscan，這是一種追踪錢包活動並排名最高交易者的分析工具。目標？通過實時績效數據和策略比較，使交易更加互動和社交。聯合創始人Alon認為，這將幫助新手和經驗豐富的交易者相互學習。

Final Thoughts

最後的想法

Coinbase's foray into pre-market trading with PUMP is a bold move, but it's not without its risks. Whether it's a brilliant strategy or a gamble remains to be seen. One thing's for sure: the crypto world never sleeps, and there's always a new way to potentially make (or lose) a fortune. So, buckle up, do your homework, and maybe keep a lucky rabbit's foot handy. You'll need it.

Coinbase用泵進入前市場交易是一個大膽的舉動，但這並非沒有風險。無論是出色的策略還是賭博，還有待觀察。可以肯定的是：加密貨幣世界永遠不會睡覺，總有一種新的方式來賺錢（或損失）命運。因此，扣緊，做功課，也許可以放一隻幸運的兔子的腳。你需要它。