Crypto KOL: Rumor has it that pump.fun plans to adopt the Dutch auction model to raise funds on multiple exchanges

Odaily News Crypto KOL He Bi (@hebi555) disclosed in a post on X: "The known news of pump.fun is that it is publicly raised on major exchanges, and it is said to be in the Dutch auction model. It was originally exclusive to a certain exchange, but due to compliance reasons, the exchange cancelled it, and now it has been changed to public raising on multiple exchanges.
Because the project is huge and has many requirements, the current public offering systems of major exchanges do not meet the needs of pump.fun. Major exchanges are customizing and developing public offering programs for pump.fun.
However, there are still many variables until the end. Pump.fun is also facing a class action lawsuit in the United States. It seems that the coin will not be issued until the lawsuit is over. "