Bybit has confirmed the upcoming Pump.fun token sale, scheduled for July 12–15, but European users will be excluded due to regulatory restrictions stemming from the EU's Markets in Crypto-Assets Regulation (MiCA). The sale will offer 150 billion PUMP tokens, which represents 15% of the total supply, at a price of $0.004 USDT per token. Bybit, the leading exchange by trading volume, is the sole platform facilitating this sale and will accept subscriptions in USDt Tether, USDC, and Solana-native assets. Pump.fun, established in January 2024, has gained traction by allowing users to create and trade memecoins without coding experience. Its user-friendly interface and engaging mechanics have catalyzed significant on-chain activity. The sale's details have generated considerable interest, despite the exclusion of EU-based participants due to compliance requirements.

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