PANews reported on July 12 that pump.fun announced on the X platform that in the next 48-72 hours, all tokens purchased through the official platform or exchange will be transferred to the public sale participants. During the distribution phase, the tokens will be non-tradable and non-transferable. Once the distribution phase is completed, the tokens will become tradable and transferable.
In addition, pump.fun published the token contract and reminded users not to trust any other tokens.



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
