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Welcome to Pump.fun!
Pump lets anyone create coins, giving everyone equal access to buy and sell from the start. Prices can move quickly, so trade carefully.
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Ghost Coins, where the first miner to successfully solve a puzzle can add a new block of transactions to the blockchain and receive new bitcoins as a reward. The high cost of mining is an effective way to secure the network, and the block reward is the only incentive for miners to mine new bitcoins. For each block mined, a certain number of tokens are added to the total supply.