Pump.fun: The token will be transferred to the public offering participants within 48-72 hours and cannot be traded or transferred during the allocation phase

Pump.fun announced on X platform that all tokens purchased through official platforms or exchanges will be transferred to public participants within the next 48-72 hours. During the distribution phase, tokens will be non tradable and non transferable. Once the distribution phase is completed, the token will become tradable and transferable. In addition, pump.fun has released token contracts, reminding users not to trust any other tokens.