According to information shared by on-chain analyst @ai_9684xtpa, PUMP appears to be a potential candidate for the next new coin IDO of the Binance wallet.

On-chain data shows that recent new coin IDOs from the Binance wallet typically involve multi-signature addresses receiving large amounts of tokens, accompanied by specific contract operations. It is important to emphasize that here, PUMP refers to the Bitcoin re-staking protocol PumpBTC rather than PumpFun.

@ai_9684xtpa pointed out that the multi-signature address 0xeCc…2aa9E currently holds 50 million PUMP tokens, and a similar holding pattern was observed at the start of the IDOs for KILO, PARTI, and BR, with the timing coinciding.

@ai_9684xtpa stated: “This address received 50 million KILO 5 days ago, 50 million PARTI 7 days ago, and 50 million BR 12 days ago, all corresponding to the start times of these tokens’ IDOs.”

Moreover, another suspected Binance IDO deployment contract 0xe0C…8fB86 will perform operations such as “updating signing address / setting pool / transferring ownership” after the multi-signature address receives the tokens, which is entirely consistent with previous cases before IDOs commenced.

However, due to the lack of official confirmation, investors should remain cautious and users are advised to refer to Binance’s announcements for verification.

LEAVE A REPLY

Please enter your comment!
Please enter your name here