Bybit to Host PUMP Token Sale, But Europe Users Barred


Bybit has confirmed particulars of the much-awaited Pump.enjoyable token sale, revealing that customers registered by its European Union-regulated platform, Bybit.eu, is not going to be permitted to take part within the token sale, citing compliance with the European Union’s Markets in Crypto-Belongings Regulation (MiCA).

The general public sale of PUMP, the native token of the no-code memecoin launchpad Pump.enjoyable, will open on July 12 at 14:00 UTC and run by July 15, in response to a Wednesday press launch shared with Cointelegraph.

A complete of 150 billion PUMP tokens, 15% of the one trillion whole provide, can be provided at a hard and fast worth of $0.004 USDT per token.

Bybit, at the moment the world’s second-largest crypto trade by buying and selling quantity, is the one platform taking part within the sale.

The trade will help subscriptions in USDt (USDT), USDC (USDC), Solana (SOL) and bbSOL, offering entry to each stablecoins and Solana-native belongings.

Cryptocurrencies, Europe, Cryptocurrency Exchange, European Union, Tokens, MiCA, Memecoin, Policy, Bybit
Supply: Cointelegraph

Associated: Gate.io deletes page showing a $600M Pump.fun token sale

Pump.enjoyable rises to prominence

Pump.enjoyable, launched in January 2024, shortly rose to prominence for enabling customers to create and commerce memecoins with zero coding abilities. The platform’s gamified interface and viral mechanics have pushed a wave of onchain experimentation on Solana, reworking informal customers into lively token creators and merchants.