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Cryptocurrency News Articles
Pundu Makes a Splash in Crypto with Record-Breaking $100 Million Fair Launch
Mar 26, 2024 at 10:02 pm
Pundu, a novel community-driven meme coin project, has garnered significant attention and raised over $100 million in a remarkable 37-hour window. Marking a record-breaking achievement, Pundu raised $37.6 million on Solana, the largest on-chain fundraise in its history, and an additional $50 million on the Binance Smart Chain. As the first meme coin to be fairly launched on DAO Maker's blockchain-powered launchpad, Pundu sets a new standard for innovation.
Pundu Makes a Splash in Crypto World with $100 Million Fair Launch
In a whirlwind move that has sent shockwaves through the cryptocurrency community, a new meme coin named Pundu has emerged from the shadows and set a new record for on-chain fundraising, leaving the meme coin frenzy behind.
With a mission to redefine the meme coin narrative by embracing community-driven principles from the outset, Pundu has captured the attention of investors and raised a staggering $100 million in just 37 hours.
Unprecedented On-Chain Fundraise
What truly sets Pundu apart is its unprecedented on-chain fundraising achievement. The project raised a record-breaking $37.6 million (212,404 SOL) on Solana, marking the largest on-chain fundraise in the network's history. This extraordinary feat highlights the project's unparalleled traction and community support.
Simultaneously, Pundu raised $50 million on the Binance Smart Chain, becoming the second-largest raise ever witnessed on BSC. This double triumph signifies the project's widespread appeal and the confidence investors have placed in its potential.
Community-Driven Innovation on DAO Maker
Pundu's fair launch was conducted on the blockchain-powered DAO Maker launchpad, where retail investors can safely participate in token launches and venture investments. The platform's user base of over 200,000 retail investors provides a solid foundation for community-driven innovation.
This partnership empowers retail crypto enthusiasts to grow their capital with reduced risk, while blockchain startups like Pundu gain access to a new source of funding for their groundbreaking ideas.
Impressive Token Metrics and Distribution
Pundu's token metrics are carefully crafted to ensure a healthy distribution and long-term growth potential. The vast majority of the token supply (90%) is designated for the liquidity pool (45%) and presale (45%), resulting in an approximate LP of $15 million at launch.
To sustain market traction, adoption, and price appreciation, Pundu has allocated 5% of the supply for marketing and another 5% for CEX listing.
A New Gold Standard for Meme Coins
Pundu's meteoric rise on DAO Maker, with its record-breaking $100 million fair launch, sets a new standard for meme coins and blockchain innovation. It proves that community-driven projects, when grounded in solid principles and impressive metrics, can conquer the crypto world and challenge the traditional paradigms of meme coin investing.
The project's success is a testament to the transformative power of community-driven innovation and the potential of blockchain technology to empower retail investors and fuel the growth of disruptive new ventures.
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