A platform for launching tokens that operates on the Solana blockchain, Pumpfun, has recently disclosed to the public its intentions to launch its own token and conduct a public offering using the Dutch auction model. This move, which has not yet been executed by any other crypto project, was brought to light first by the insider @hebi555 and confirmed by WuBlockchain through multiple sources inside the exchange community. Known for its unique approach to launching tokens, Pumpfun is currently in talks with several centralized exchanges, or CEXs, to develop the necessary systems for this upcoming launch. The choice to employ
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