Basically, nothing new has appeared recently. And the sales currently underway have the same goal as ICO, IEO, STO, and IDO. Special attention is now being paid to the sale of the $PUMP token, which will take place tomorrow simultaneously on 6 exchanges: ByBit, Kraken, Bitget, Mexc, KuCoin and Gate.
On Bybit, the $PUMP sale, following an ICO, is nothing new, as the adoption sale uses traditional sales methods. Meanwhile, on MEXC, token distribution is via Launchpad, which is lower risk, as it doesn't require purchase but involves participating in an Airdrop. I haven't checked other exchanges, but they already have futures trading before the token sale is distributed. How can an exchange launch $PUMP futures earlier?
You're wrong. On all the exchanges I mentioned, it was the sale of the $PUMP token, for which it was necessary to pay real money. All tokens worth $600 million were sold out in 12 minutes and a small part of them was bought by me)
As for trading futures with the $PUMP token before TGE, this is not surprising, since it is a premarket.