Bybit Ignites Crypto Frenzy with Exclusive Pump.fun Presale Launch

Bybit just dropped a match in the meme-coin tinderbox—launching an official presale portal for Pump.fun, the controversial token-minting playground.

Game On: Exchange Backs the Meme Machine

The crypto giant's move legitimizes Pump.fun's 'degenerate casino' model—where anyone can spawn a token with three clicks and a prayer. No VC gatekeepers, no whitepaper theater—just pure, uncut crypto id.

Presale Mechanics: Your Guess Is As Good As Ours

Details remain scarce (this is crypto, after all), but insiders suggest tiered access for Bybit's whale clients. Because nothing says 'decentralization' like VIP treatment for six-figure bag holders.

The Bottom Line

While TradFi analysts clutch their pearls, Bybit's betting retail will FOMO into yet another token factory—proving yet again that in crypto, the house always wins. Even when there isn't technically a house.

Bybit caps PUMP purchase to $500K per user

Bybit has announced the same presale parameters as Gate.io. The presale will offer 150 billion tokens at $0.004, aiming to raise $600M, down from a previous plan to raise $1B. 

The presale accepts USDC, USDT, SOL, and the wrapped token bbSOL. The minimum purchase per order is 0.4 USDT or USDC, or 0.003 SOL or BBSOL. The event will be open at 14:00 UTC on July 12, based on available screenshots.

However, links provided by influencers are not leading to the presale page, raising further doubts on whether the event will happen as announced.

Maximum investments can reach 200,000 USDT or USDC, or 1,500 in SOL equivalent. A single user can invest up to $500K in all allowed assets, split into multiple orders. The presale will continue for 72 hours, or until all tokens are sold, whichever happens first. The token distribution will happen 48 hours after the end of the presale.

In total, the platform will generate 1 trillion tokens, for a fully diluted value of $4B. 

Pump.fun still not confirming the presale

Despite the launch of presale pages, Pump.fun itself has not advertised the event. The information on the presale is only spreading on social media. 

The token event may be open only to international buyers. Based on listing pages, Bybit bars EU-based users from participating. 

Earlier, Gate.io revealed the event WOULD require full KYC verification. US-based traders may also be left behind, as both Bybit and Gate.io are not officially regulated to operate in the USA, hence the reluctance to sell tokens. 

The wait for a Pump.fun token has gone on for a long time, with lingering speculations of a possible airdrop. However, the recent announcements are creating confusion and potentially lowering the credibility of the presale. 

The PUMP token will compete for attention with the newest meme platform, LetsBonk, which also launches promising trending memes. At the same time, Pump.fun activity is trending lower, with fewer launches and active token creators. 

Ahead of the presale, there are fears the over-hyped token may crash soon after launching. The limited presale, excluding some of the big crypto markets, may also favor insiders, who can snipe and quickly sell PUMP soon after the launch. 

The PUMP presale is compared to the PENGU event and other high-profile TGEs, which ended with significant losses. For some users, the presale event is another attempt to extract value from the solana ecosystem, in addition to over $700M in fees from meme activity.

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