Pump | Crypto

Pump.fun, a platform enabling users to create meme coins, managed to raise $600 million within a mere 12 minutes on Saturday. The post Meme Coin Mania: Pump.fun Raises $600 Million in Just 12 Minutes appeared first on Cryptonews.

Venture capitalists and the Solana community touted the ICO as a showcase for capital formation in the age of internet capital markets. Memecoin launch platform Pump.fun raised $500 million in an initial coin offering (ICO) on Saturday, which sold out in about 12 minutes. The PUMP token has a maximum supply of 1 trillion, and 33% of the supply was allocated to the ICO. 24% of the supply was allocated to the ecosystem and future community projects, while 13% was reserved for existing investors, according to the memecoin platform. Of the 33% ICO allotment, 18% went to institutional investors, and 15% was offered to retail traders. Pump.fun’s ICO may signal the return of the memecoin sector, which experienced a sharp downturn after being one of the highest-performing asset classes in 2024. The public token sale also portends the resurgence of initial coin offerings, which fizzled out due to regulatory pressure in the United States under the reign of former Securities and Exchange Commission (SEC) chairman Gary G...

Pump.fun, the prominent Solana-based memecoin launchpad, has announced that its public token sale will commence on Saturday, July 12, targeting up to $600 million in funding as the platform seeks to disrupt established social media giants including Facebook, TikTok, and Twitch. The post Pump.fun to Launch $PUMP Token via ICO on July 12 – Plans to Take on Facebook, TikTok, and Twitch appeared first on Cryptonews.

Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply […] The post Pump.fun faces scrutiny over PUMP token distribution in upcoming ICO appeared first on CryptoSlate.

Key metrics on Solana remain flat despite LetsBonk’s recent surge, but supporting data suggests memecoins may be staging a comeback. Pump.fun has lost its spot as Solana’s top memecoin launchpad for the first time since its breakout, overtaken by rookie platform LetsBonk. At first glance, Solana’s overall network activity suggests that the memecoin scene is more reshuffling than expanding. Total token launches on the network remain stable, daily transactions are trending downward and the number of new accounts created is roughly half of April’s peak. However, supporting metrics hint that Solana may be on the rise again, driven by a potential expansion in memecoin activity, according to Vugar Usi Zade, chief operating officer of Bitget. Read more

Bybit will host PumpFun’s PUMP token sale, but users in Europe will be excluded due to regulatory restrictions. Update (July 9, 2:10 pm UTC): This article has been updated to include token sale confirmation from Pump.fun. Bybit has confirmed details of the much-awaited Pump.fun token sale, revealing that users registered through its European Union-regulated platform, Bybit.eu, will not be able to participate, citing compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA). The public sale of PUMP, the native token of the no-code memecoin launchpad Pump.fun, will open on Saturday at 14:00 UTC and run through Tuesday, according to a Wednesday press release shared with Cointelegraph. A total of 150 billion PUMP tokens, 15% of the 1 trillion total supply, will be offered at a fixed price of $0.004 USDT per token. Read more

Gate.io abruptly pulled Pump.fun's pre-market token sale listing.

The BONK-powered memecoin launchpad LetsBONK continues its SOL accumulation strategy, purchasing 34.5K SOL ($5.5M) for BONK burns over two months, contrasting sharply with competitor PumpFun's $741M SOL sell-off as LetsBONK captures 54.7% market share. The post BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump? appeared first on Cryptonews.

A historic breakout setup and stacking fundamental catalysts are “All Lining Up” to make Dogecoin's current position 190% below its early 2025 high a reference point for a reversal. The post Dogecoin Price Prediction: The Same Chart Pattern That Preceded DOGE’s 2021 Pump Is Flashing Again  appeared first on Cryptonews.

Pump.fun has sold millions of SOL for $741M while only 293 of 13.55 M wallets have exceeded $1M in gains. The Solana memecoin launchpad now faces backlash over alleged scam activity and harmful livestreams as X suspends its account ahead of a planned $1B token issuance at a $4B valuation. The post Pump.fun Accused of ‘Stealing’ $741M in Fees as Critics Call Platform a ‘Disease’ appeared first on Cryptonews.

Pump.fun has yet to confirm or deny rumors of a $1 billion token sale and 10% airdrop, but the community is split on whether the potential launch would help or harm the crypto space. Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members. Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale would be valued at $4 billion. Read more

Pump.fun plans to raise $1 billion through a token sale that would assign the Solana-based memecoin launchpad a $4 billion fully diluted token valuation, Blockworks reported on June 3, citing two people familiar with the matter. Sources said the offering will target both public and private buyers. However, they did not specify whether the new […] The post Pump.fun considering token launch with $4B fully diluted value, $1B sale appeared first on CryptoSlate.

Pi Network ($PI) may be cooling off from a recent rally, but several key announcements are likely to push its price up to $2.50 by summer. On Wednesday, the Pi community announced a major ecosystem update Wednesday, which could fuel the next leg of the rally. The Pi Network Ventures initiative, which has $100 million […] The post Pi Network Price Prediction: Is PI About to Pump As Founder Takes the Stage at Consensus, Big Announcements Coming?  appeared first on Cryptonews.

PumpSwap, the DEX developed by Solana-based meme coin launchpad Pump.Fun, has introduced a new revenue-sharing model that directs 50% of trading fees to token creators. The post Pump.Fun’s PumpSwap to Share 50% of Fees with Token Creators appeared first on Cryptonews.