The pump.fun presale sparks market shift with plans for $1B raise and upcoming Solana meme projects

A launch of the pump.fun token is expected to significantly influence the market. Even if the token doesn’t skyrocket, it will likely stimulate interest in Solana meme coins. This approach marks a shift, as pump.fun opts for a presale model instead of a traditional launch, aiming to raise $1 billion with a $4 billion market cap at launch. Presales offer early access and better control over fundraising, with the tokens becoming tradeable after the Token Generation Event. Key upcoming presale projects include Snorter Token, which aids in discovering Solana meme coins via Telegram; Solaxy, a project integrating Ethereum’s scalability with Solana’s speed; and Catzilla, a community-driven meme coin with no utility but vibrant engagement. With these developments, a positive market movement is anticipated within the next two weeks.