- Alon Cohen dismisses Pumpdotfun token launch rumors publicly.
- Focus remains on product enhancement.
- Community urged to ignore unverified information.
The rumor, sparked by speculation and leaks, could have momentarily influenced market sentiment. However, Cohen’s denial aims to prevent unnecessary market reactions and ensure users stay informed through verified channels.
Pumpdotfun co-founder Alon Cohen addressed recent speculation about a token launch, emphasizing the team’s commitment to platform improvement.
Seeing rumors about a potential pump fun token – these are wrong. Would advise not to listen to anything that didn’t directly come from Pump.fun. While the pump fun team has mainly been focused on improving the product in its 1-year history, the team has always been committed to rewarding its users properly good things take time.
Cohen’s assertions counter claims by journalist Colin Wu, who suggested documented plans for a Dutch auction-based token launch, including CEX involvement and a supply of 420 million. Despite these rumors, Pumpdotfun maintains no official confirmation regarding token issuance or related funding. No native token exists; hence, there are no direct financial market movements tied to the venture. Solana (SOL) and linked assets have not shown unusual price changes in response. Market anticipations and focused conversations persist; however, primary project enhancements and user experience are prioritized.
Historical cryptospace events reveal similar rumor denials often stabilize sentiments sans significant market upheaval. The precise outcomes of this announcement remain under observation, as community attention and discourse continue to pivot around project confirmations and statements.