Pump. A must-see for Fun investors -- a blood-sweating organization of the correct posture to participate in the Gate public sale pump series activities.

Written in advance: The pump public sale countdown starts in 2 hours, and the seasoned analyst discusses the advantages of the pump project and Gate series activities.

1. What is Pump.Fun -- Allowing everyone to issue their own meme coin
Pump is the platform token of Pump.Fun, which is currently the hottest token creation and trading platform based on the Solana chain. By simplifying the token issuance process and lowering technical barriers, it allows individuals with no technical background to issue their own meme coins, extending the core cultural spirit of memes to the extreme.

2. Public Sale Details and Prospect Analysis
1.Public sale details:
The maximum supply of tokens released by the platform this time is 1 trillion pieces, of which: 33% will be sold through the initial coin offering (ICO). Among this 33%, 15% is for public sale to the market and individual investors, and 18% is for private placement to specific institutions. However, both the public and private placement prices are 0.004u/piece, treated equally. Currently, there is a 2.5% discount return for subscriptions on Gate, which can be said to be very cost-effective. It's first come, first served, so if you're really determined to subscribe, it's best to act quickly. The remaining 67% of tokens are mainly reserved for the team and investors, community operations, and rewards, etc. (for details, please refer to other blog posts, I won't go into detail here).

      2. Prospect Analysis: This project is quite popular, and given that Bitcoin is currently in a bull market, constantly breaking new highs, market sentiment is enthusiastic and funds are abundant. Recently launched new coins have performed well, which should boost the popularity of this cryptocurrency. The current on-chain trading price is around 0.005+, and pre-market contract trading is about 0.0057, indicating that the market is optimistic about future coin prices.
Currently, major exchanges including Gate have launched pre-market trading and subscriptions for this token, and market liquidity is expected to be relatively sufficient in the future.
After the token is launched, there may be a wave of selling pressure (with a market capitalization of $1.32 billion), which can lead to short-term profit taking. The target price is around 0.005u-0.006u.

3. How to participate in the public sale and series of activities of Gate?
1. Subscription methods and process: Gate's announcement has been made very clear: https://www.gate.com/zh/announcements/article/46021 Family members can check it themselves.
Three things to note: a. Subscription needs to be completed with identity verification in advance b. Prepare subscription funds in advance, Gate currently only supports USDT subscriptions c. The minimum limit for a single subscription is 5 USDT, and the maximum is 100,000 USDT.

2. Activity Participation Guide: Here comes the key!! Get the essentials
--Event Overview: Gate has a rich range of activities for this pump public sale, mainly including contract trading competitions, trading check-ins for alpha section pump launch tokens, and a special discount event for Gate users, where the last event automatically returns the discount amount upon subscription.
--Capital preparation: Taking the preparation to subscribe for a token worth 1000u as an example, you need to prepare 2100u or 1100u based on whether hedging is required.
--Step 1: Subscribe to Pump tokens, it is recommended to open the subscription page in advance to aim for a quick grab. Spend 1000u, remaining 1100u or 100u.
--Step 2: In the Gate Alpha trading area, buy any cryptocurrency launched by the Pump.Fun platform (only those with a capsule icon count, see below Figure 2) for 50u, and continue trading for 3 days.
Activity time: July 10th--15th
Required funds: 50u
Reward: Share a total of 17500u in rewards
Note: Try to choose cryptocurrencies with high trading volume and liquidity, such as quq, mubarakah, astrdog, etc.
--Step 3: Complete a daily PUMP/USDT contract trading volume of over 50 U
Activity Time: July 10 - 27
Required funds: 50u
Reward: 5-10u contract experience vouchers daily
--Step 4: Hedging, as the current contract price for the Pump market is 0.0057, with a subscription price of 0.004, there is a premium of about 40%, so we can lock in the profit from this premium through hedging.
　　 a. What is hedging?
The so-called hedging is to use futures contracts to lock the coin price at a psychologically acceptable level. For example, if the price of the pump perpetual contract is 0.0058, hedging at this position means that the pump price you subscribed to is locked at 0.0058, and whether it goes up or down afterwards has nothing to do with you.
So if you are not optimistic about the subsequent coin price, you can do a hedging. If you think the subsequent coin price will be higher than 0.0057, then you can ignore the following content and jump to step five.
             b. How to operate?
Taking the principal of 1000u as an example, the specific operation is: take out another 1000u as margin and open a short position with a margin of 1000u in the pre-market futures market using 1x leverage.
c. Risk: Due to the uncertain issuance time of the public sale (officially said to be within 48 hours after completion), if there is a significantly high funding rate during this period, it may lead to losses or liquidation of short positions.

--Step 5: (If not hedged, jump to Step 6) After Pump issues the token and lists it on the trading platform, close the hedged contract short position.
--Step 6: Participate in PUMP/USDT contract trading to reach a transaction volume of 5000u. If you have previously hedged, you have already completed a transaction volume of 2000u and only need to complete an additional 3000u. Contract trading carries certain risks, so decide whether to participate based on your own situation.
Event time: July 10th - 27th (the depth of pre-market contracts is relatively poor, it is recommended to complete this step after the official contract goes live)

Time is limited, I've done this much for now. Dear viewers, if you have any better ways to play, feel free to leave a message below!
‍ #创作者活动第一期# #PumpFun#