泵。

Pump.Fun的泵代幣在短短12分鐘內就售罄，籌集了5億美元。這對模因硬幣和代幣啟動板的未來意味著什麼？

Twelve minutes. That's all it took for Pump.fun's token offering to vanish, pulling in around $500 million from eager retail investors across exchanges like Bybit, Kraken, and KuCoin. In a world where meme coins reign, Pump.fun's PUMP token sale highlights both the opportunities and potential pitfalls in the crypto space.

十二分鐘。這就是Pump.Fun的代幣產品消失的全部，從諸如Bybit，Kraken和Kucoin等交易所的急切散戶投資者中賺取了約5億美元。在一個模因硬幣統治的世界中，pump.fun的泵代幣銷售突出了加密貨幣空間中的機會和潛在的陷阱。

The Lightning-Fast Sellout

閃電賣出

Priced at a mere $0.004 apiece, 125 billion tokens flew off the shelves, slapping a $4 billion fully diluted valuation on the Solana-based memecoin launcher's new utility token. But here's the kicker: buyers have to twiddle their thumbs for 48–72 hours before the tokens land in their wallets. And, just to keep things interesting, those tokens are locked until distribution wraps up, preventing any early trading shenanigans.

價格僅為0.004美元，1.25億個代幣飛出了貨架上，在總部位於Solana的Memecoin Launcher的New Utility Token上拍打了40億美元的全額稀釋估值。但這是踢腳者：買家必須在代幣降落在錢包里之前的48-72小時旋轉拇指。而且，只是為了使事情變得有趣，這些代幣被鎖定，直到分發結束，以防止任何早期交易的惡作劇。

Pump.fun's Declining Launchpad Volume

泵。

While the token sale was a roaring success, it's worth noting that Pump.fun's launchpad volume has been on a bit of a rollercoaster. According to DeFiLlama data, launchpad volume has dipped from a high of $11.6 billion in January to $3.65 billion last month. Revenue's followed a similar trajectory, dropping from $133 million to nearly $34 million over the same period. Is this a sign of things cooling down, or just a temporary blip?

雖然令牌銷售取得了巨大的成功，但值得注意的是，泵的發射板量已經有些過山車。根據Defillama數據，LaunchPad量從1月份的高額116億美元下降到上個月的36.5億美元。收入隨後是類似的軌跡，同期從1.33億美元降至近3400萬美元。這是降溫的跡象，還是只是臨時的碎片？

PumpSwap to the Rescue?

抽水救援？

Enter PumpSwap, Pump.fun’s decentralized exchange, launched in March. It seems to be picking up the slack, racking up $14.3 billion in volume in May and $10 billion last month. Revenue for PumpSwap hit $7 million and $5 million in those months, respectively. Could PumpSwap be the platform's saving grace, offsetting the launchpad's decline?

輸入3月推出的PumpSwap，泵。它似乎正在減輕懈怠，5月的數量增加了143億美元，上個月為100億美元。在那幾個月中，Pumpswap的收入分別達到了700萬美元和500萬美元。 Pumpswap可以成為平台的節省寬限期，以抵消發射台的下降嗎？

A Word on Other Token Offerings

關於其他令牌產品的一句話

While we're on the topic of tokens, let's not forget Robinhood's controversial tokenized stock offering linked to OpenAI. Robinhood CEO Vlad Tenev is defending the product, arguing that it gives retail investors valuable exposure, even if the tokens don't represent actual equity. However, OpenAI has distanced itself from the product, and EU regulators are taking a closer look. It's a reminder that the world of tokenized assets is still navigating regulatory uncertainty.

當我們討論令牌的話題時，不要忘記Robinhood在與Openai相關的有爭議的標記股票上。 Robinhood CEO Vlad Tenev正在捍衛該產品，認為即使令牌不代表實際的權益，它也能為散戶投資者帶來寶貴的風險。但是，Openai已經與產品保持距離，歐盟監管機構正在仔細觀察。這提醒您，令牌資產的世界仍在導致監管不確定性。

The Meme Coin Frenzy Continues

模因硬幣瘋狂繼續

Speaking of meme coins, Little Pepe (LILPEPE) has sold out its first three presale stages ahead of schedule, raising over $2.5 million. This project is blending meme coin charm with blockchain utility, launching a Layer 2 chain for meme coins. With exchange listings planned and a $777,000 giveaway sparking excitement, Little Pepe is riding the meme coin wave.

說到Meme硬幣，Little Pepe（Lilpepe）提前三個預售階段售罄，籌集了超過250萬美元。該項目將Meme硬幣的魅力與區塊鏈實用程序融為一體，為Meme Coins推出了2層鏈。隨著計劃的交換列表和777,000美元的贈品引發興奮，Little Pepe騎著Meme Coin Wave。

Final Thoughts

最後的想法

So, what's the takeaway? Pump.fun's lightning-fast token sellout shows that there's still plenty of appetite for meme coins and new token offerings. But, as always, it's crucial to do your homework and understand the risks involved. Whether it's Pump.fun, Robinhood's tokenized stocks, or Little Pepe, the crypto world is full of surprises. Just remember to buckle up and enjoy the ride!

那麼，收穫是什麼？ pump.fun的閃電般的令牌賣出表明，模因硬幣和新的令牌產品仍然有很多食慾。但是，與往常一樣，做功課並了解所涉及的風險至關重要。無論是泵。只要記住要係好騎車！