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The Solana-based memecoin launchpad Pump.fun has pushed back its highly anticipated public token sale to mid-July. The delay follows a series of postponements and comes as the platform contends with a growing storm of legal challenges, including a class-action lawsuit that alleges market manipulation and intellectual property violations.

A famous cryptocurrency analyst has spotted a significant development brewing in the altcoins market, one he views as decidedly bullish. Using the Ethereum price behavior since the last bull run, the analyst observed a pattern called “coiling.”