Velocity Capital investor: I heard that pump.fun did not have an airdrop, and the offering valuation may be $5 billion

Odaily Planet Daily News Velocity Capital investor DeFi Cheetah wrote on X that through an unconfirmed private channel, he heard rumors about pump.fun's financing, including: 1. There is no airdrop, but a whitelist will be set for the public sale; 2. The financing target for the public sale is US$800 million, with a valuation of US$5 billion; 3. VC will also have a quota of US$200 million, with a valuation of the same US$5 billion; 4. The public sale will be conducted on most mainstream CEXs, and these exchanges are preparing for this. Earlier, Blockworks reported that pump.fun plans to raise US$1 billion through token sales, with a valuation of US$4 billion.