Coinbase，Pump和Market Trading：Crypto现场的纽约分钟

Coinbase用泵介入前市场交易，搅动加密锅。降低这对您和Memecoins的未来意味着什么。

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随着泵前市场交易的推出，将于2025年7月10日上线。这项新功能有望在其正式首次亮相之前早期访问炒作的Solana代币。但这都是阳光和玫瑰吗？让我们潜水。

What's the Deal with PUMP?

泵怎么办？

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正准备列出$泵，并于7月12日在初始硬币产品（ICO）之前提供偷窥。此举旨在最大程度地提高全球用户参与并增强早期投资选择。

Pre-Market Trading: A Risky Business?

预售交易：风险业务？

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.

泵前市场交易功能允许美国，英国和加拿大以外的交易者涉足未启动令牌的永久期货。 Coinbase将交易杠杆限制为2倍，并具有5​​0,000美元的名义最大位置限制，以保持稳定。但是不要上当；仍然是那里的野外。

The ICO Details

ICO详细信息

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将使总计3万亿代供应量的33％可用，散户投资者在15％上获得了15％的供应，为每电代币0.004美元。其余的人在团队成员，早期投资者和生态系统激励措施中分配。在ICO之后2至3天，在Bybit，Kraken和Kucoin等其他平台上进行交易，据说是为了缓冲销售后波动率的打击。

The Skeptic's Corner

怀疑论者的角落

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.

并不是每个人都为此感到兴奋。初步交易推出后，四名主要加密交易员在泵上占据了920万美元的简短职位。一些批评家认为，诸如pump.fun的平台将altcoin投资者变成“模因赌徒”。其他人则指出，在这些平台逐渐消失之前，可能会产生膨胀的估值。

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。未坐着。他们收购了Kolscan，这是一种追踪钱包活动并排名最高交易者的分析工具。目标？通过实时绩效数据和策略比较，使交易更加互动和社交。联合创始人Alon认为，这将帮助新手和经验丰富的交易者相互学习。

Final Thoughts

最后的想法

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用泵进入前市场交易是一个大胆的举动，但这并非没有风险。无论是出色的策略还是赌博，还有待观察。可以肯定的是：加密货币世界永远不会睡觉，总有一种新的方式来赚钱（或损失）命运。因此，扣紧，做功课，也许可以放一只幸运的兔子的脚。你需要它。