
Pump.fun token auction delayed again amid legal pressure, social media ban
The planned raise, originally targeting $1 billion at a $4 billion valuation, has been pushed to mid-July. Social media platform X suspended Pump.fun and the founder’s accounts on 16 June. The auction was initially scheduled for 25 June with a $4 billion valuation. Solana-based memecoin launchpad Pump.fun has delayed its public token auction once again,…