By Key Points
- Gate.io Deletes $600M Pump.fun Token Presale Post
- Presale targeted $600M by selling 150B tokens at $0.004
- Pump.fun is eyeing a $4B valuation despite recent struggles
- Neither Gate.io nor Pump.fun has explained the deletion
In a confusing turn of events, crypto exchange Gate.io briefly published an announcement revealing a massive presale for Pump.fun’s PUMP token—only to remove all traces of it shortly after. The post didn’t last long, but it was enough to stir speculation across the community.
If the now-deleted announcement was accurate, the PUMP token presale was scheduled for July 12, aiming to raise $600 million by offering 150 billion tokens at $0.004 each. That’s 15% of the token’s 1 trillion total supply.
Gate . io just leaked pump fun public sale…
their official website just created “Public Sale of $PUMP token”
it says the event launches in 4 days 18 hours, and they’re aiming to raise $600m.
interesting.https://t.co/MnQn2odlS4 pic.twitter.com/J00Jw7PanY
— lyxe (@cryptolyxe) July 7, 2025
The sudden removal has left crypto traders confused. No updates, no clarification—just silence. It’s the kind of move that reminds many of previous chaotic moments in the space, like this major crypto shakeup involving Solana and a $3.3T bill.
Pump.fun, a meme coin launchpad once at the top of its game, had previously denied plans for its own token. But last month, the project reversed course, confirming the launch of PUMP and revealing bold goals—including a $4 billion valuation.
BREAKING: Gate just deleted the $PUMP presale page
Was this fake? pic.twitter.com/eEFvXqiE13
— Jeremy (@Jeremyybtc) July 7, 2025
Partnering with Gate.io, at least initially, seemed like a step in the right direction. But both companies have had a rough year. Pump.fun is dealing with bot attacks and declining user trust, while Gate.io recently delisted 33 tokens due to quality issues. It’s also come under fire for supporting questionable projects.
The deleted post could have been a premature reveal—or a mistake that never should’ve gone public. Either way, the lack of communication is what’s causing real damage.
BREAKING: Pump Fun token sale details are live
1T token supply
150B tokens for sale
$0.004 per token
First come, first serve method$600M potential raise at $4B valuation
Sale goes live July 12 at 10 am ET through July 15th pic.twitter.com/exqT70pPrP
— TylerD 🧙♂️ (@Tyler_Did_It) July 7, 2025
Was This a Leak, a Hack, or a Pullback?
The core mystery remains: Why did Gate.io remove the announcement?
Several theories are circulating. One is that the announcement was posted too early, before final approval. Another possibility is that it was unauthorized or incorrect, which would explain the swift takedown. Then there’s the more serious concern—was Gate.io hacked?
These types of scenarios are not new in crypto. Just last month, Magic Eden redacted its TRUMP Wallet announcement, causing massive confusion and a steep drop in its native token.
It turned out to be one of many questionable moves tied to political crypto activity—something that eerily mirrors the growing buzz around the TRUMP stablecoin strategy.
Another red flag in the now-removed presale announcement was the dual-platform launch. According to it, the PUMP token would launch both on Pump.fun and Gate.io. That’s highly unusual. Most token presales stick to one platform to avoid fragmentation, confusion, and arbitrage loopholes.
Snagged this before it went down.
Why would they need a gate sale if they have a native sale?$Pump launch gets weirder by the day.
Sealth launch? https://t.co/6tQHzWyo6M pic.twitter.com/QzM8b4ntIQ
— morph. (@morph_bot) July 7, 2025
This awkward detail left many speculating that the campaign wasn’t fully finalized. Or worse, that the announcement was fake from the start.
Some community members are even drawing comparisons to regulatory uncertainty faced by firms like Grayscale, whose recent ETF delay caused concern about institutional reliability. Gate.io’s silence doesn’t help ease such fears.
Until either company provides an official statement, investors are stuck with nothing but speculation—and a growing lack of trust.
What This Means for PUMP and Market Sentiment
For a token trying to raise $600 million, this level of chaos is a serious problem.
Pump.fun’s plan for a $4 billion valuation was already seen as ambitious. Now, without clarity around the PUMP token presale, retail interest is cooling. Investors are asking hard questions—and they deserve answers.
This situation also raises doubts about Gate.io’s judgment. After its token delisting spree and mounting criticism, this unverified announcement damages its brand even more.
The mess couldn’t have come at a worse time. Meme coins are already under pressure. Though tokens like America Party (AMP) have seen recent success, the hype is slowing. A confusing launch like this could discourage even die-hard meme coin traders.
If the PUMP token presale does go live on July 12, it remains to be seen whether it can still hit its $600 million target, or if too much trust has already been lost.
The silence is hurting both brands. The longer they wait, the harder it will be to recover. In crypto, uncertainty kills momentum, and right now, both Gate.io and Pump.fun are on shaky ground.
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