Binance Wallet’s PumpBTC Event Oversubscribed by 247x in Minutes

Binance’s token generation event (TGE) for the PumpBTC project reached an astonishing oversubscription level, with investors contributing more than 307,187 BNB within just 10 minutes to meet the initial target of 1,239.52 BNB. This rapid investment underscores a strong appetite for AI-driven decentralized finance solutions and confirms the growing interest in Binance’s framework for launching innovative DeFi products. The event’s success has driven substantial liquidity into PancakeSwap pools as investors jumped on the opportunity to gain exposure to PumpBTC, a token valued at approximately 0.04 USD with a market cap of roughly 12.52 million USD. Analysts are eager to explore the potential integration of AI within Bitcoin management systems and its impact on the cryptocurrency sector.