Seeing that the exchange has opened the #PUMP Token sale page, the project party has started to blatantly play people for suckers. Does the exchange have to cooperate like this? They don't even care about their image anymore. Let's break down its economic model, and you'll understand.

The total amount of PUMP Token is one trillion.
25% for public fundraising, with a target of raising 1 billion USD, corresponding to a market value of 4 billion USD, fully unlocked at TGE.
10% for community airdrop, distributed based on platform activity snapshots, to incentivize early coin creators, trading experts, and liquidity providers.
The remaining 65% will be allocated to the team, strategic investors, and development fund, and will be unlocked in phases over 2-4 years.

Is the project party overly confident or completely unscrupulous? With a market value of 4 billion upon listing, judging by the current state of the altcoin market, I even think 400 million is overvalued. The retail investors' presale funds have been siphoned off in advance, and still expecting the project party to pump the price? That's simply wishful thinking. I advise everyone to stay vigilant and absolutely avoid being suckers.

The pre-sale also prohibits European users from participating, isn't this just like the issuance of coins by Mikami which also prohibits Japanese users from participating? The final outcome is zero, and the team achieves collective financial freedom.