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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
Quoting Devko:
NOTE: @camolNFT is completely wrong because -> massively clueless.
LISTEN BROKIE:
The $500 M isn’t stuck in a liquidity pool at all, but in the Squads-managed multisig “vault” account
4Lk2mi2FhaCDkLzFDdmzbBa37iC1Sk5ZqLcRFesiPNfd
All incoming SOL presale proceeds sit there. To move any of it, someone must create and approve a Squads multisig proposal.
The fact that the token’s updateAuthority is set to your " " only means you can’t later change the token’s name, symbol or URI in the metadata. It has nothing to do with transferring SOL out of that vault.

13.7. klo 01.23
BREAKING NEWS: PumpFun $PUMP presale contract has no withdrawal function.
This effectively means the $500M raised is locked forever, as the smart contract is unable to be updated.

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