泵。

Pump.Fun的泵代币在短短12分钟内就售罄，筹集了5亿美元。这对模因硬币和代币启动板的未来意味着什么？

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.

十二分钟。这就是Pump.Fun的代币产品消失的全部，从诸如Bybit，Kraken和Kucoin等交易所的急切散户投资者中赚取了约5亿美元。在一个模因硬币统治的世界中，pump.fun的泵代币销售突出了加密货币空间中的机会和潜在的陷阱。

The Lightning-Fast Sellout

闪电卖出

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.

价格仅为0.004美元，1.25亿个代币飞出了货架上，在总部位于Solana的Memecoin Launcher的New Utility Token上拍打了40亿美元的全额稀释估值。但这是踢脚者：买家必须在代币降落在钱包里之前的48-72小时旋转拇指。而且，只是为了使事情变得有趣，这些代币被锁定，直到分发结束，以防止任何早期交易的恶作剧。

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?

虽然令牌销售取得了巨大的成功，但值得注意的是，泵的发射板量已经有些过山车。根据Defillama数据，LaunchPad量从1月份的高额116亿美元下降到上个月的36.5亿美元。收入随后是类似的轨迹，同期从1.33亿美元降至近3400万美元。这是降温的迹象，还是只是临时的碎片？

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?

输入3月推出的PumpSwap，泵。它似乎正在减轻懈怠，5月的数量增加了143亿美元，上个月为100亿美元。在那几个月中，Pumpswap的收入分别达到了700万美元和500万美元。 Pumpswap可以成为平台的节省宽限期，以抵消发射台的下降吗？

A Word on Other Token Offerings

关于其他令牌产品的一句话

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.

当我们讨论令牌的话题时，不要忘记Robinhood在与Openai相关的有争议的标记股票上。 Robinhood CEO Vlad Tenev正在捍卫该产品，认为即使令牌不代表实际的权益，它也能为散户投资者带来宝贵的风险。但是，Openai已经与产品保持距离，欧盟监管机构正在仔细观察。这提醒您，令牌资产的世界仍在导致监管不确定性。

The Meme Coin Frenzy Continues

模因硬币疯狂继续

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.

说到Meme硬币，Little Pepe（Lilpepe）提前三个预售阶段售罄，筹集了超过250万美元。该项目将Meme硬币的魅力与区块链实用程序融为一体，为Meme Coins推出了2层链。随着计划的交换列表和777,000美元的赠品引发兴奋，Little Pepe骑着Meme Coin Wave。

Final Thoughts

最后的想法

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!

那么，收获是什么？ pump.fun的闪电般的令牌卖出表明，模因硬币和新的令牌产品仍然有很多食欲。但是，与往常一样，做功课并了解所涉及的风险至关重要。无论是泵。只要记住要系好骑车！