Pump.fun Co-Founder Alon Cohen Denies Rumors That Project Is Launching Own Native Token

Pump.enjoyable co-founder Alon Cohen is denying studies that the Solana (SOL)-based memecoin launchpad will situation its personal native token.

Crypto reporter Colin Wu earlier said that Pump.enjoyable is engaged on launching its personal token and plans to make use of the Dutch public sale system within the public choices. 

Wu stated that his workforce confirmed the data with insiders from a number of centralized exchanges (CEXs) that Pump.enjoyable is purportedly working with to develop the system.

In response, Cohen says on the social media platform X that the speculations should not true. He additionally tells his followers to not consider in something that didn’t instantly come from Pump.enjoyable.

“Seeing rumors a couple of potential pump enjoyable token – these are flawed…

Whereas the Pump.enjoyable workforce has primarily been targeted on bettering the product in its one-year historical past, the workforce has all the time been dedicated to rewarding its customers correctly. Good issues take time!”

However Wu stands by his report, saying he has proof to assist the declare.

“It’s nearly a public proven fact that Pump.enjoyable plan to situation token utilizing the Dutch public sale contained in the CEXs…

Wu Blockchain Staff obtained the detailed coin issuance preparation paperwork that Pump.enjoyable supplied to the CEXs. We will additionally publish with permission. 

The itemizing employees of a number of exchanges additionally confirmed to us that Pump.enjoyable plans to situation a token. However the time is certainly not decided.”

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