Sure social media posts on X had gone viral claiming that fashionable memecoin launching platform Pump.Enjoyable had formally launched its memecoin token $PUMP on Sunday. The viral posts had claimed that the token has been designed to supply thrilling advantages resembling income sharing and unique platform entry.
In accordance with a publish non X by fashionable crypto deal with “Whale Insider”, PumpFun is distributing a considerable airdrop to draw customers and increase engagement. The publish additional claimed that this initiative positions PumpFun as a powerful competitor within the decentralized finance (DeFi) market by offering tangible worth to its token holders.
The social media publish had additionally claimed that $PUMP house owners will achieve entry to unique options and a share within the platform’s revenues, probably rising its attraction to traders.
The Crypto Instances did a truth examine of the social media declare and located the information to be pretend. The pump.enjoyable administration by its co-founder, has additionally launched a press release denying any launch of an official token. The X group has additionally added a group notice within the authentic publish of Whale Insider claiming the identical.
Subsequently the claims that PumpFun has launched an official token stands to be false, after a truth examine.
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