Bybit: PUMP Token Sale Sees Overwhelming Demand, Attributed to Unexpected API Delay

BlockBeats News, July 13th, Bybit announced that the PUMP token sale has ended, and the allocation results are being audited due to oversubscription.

Due to an unexpected API delay, there was oversubscription in this issuance. Some users successfully received token allocations, while others did not. For users who submitted subscriptions but still have frozen funds, the final allocation results are currently being verified.

Users who did not receive an allocation will have their funds fully refunded, as this situation was caused by an unexpected API delay.