Well, that was quick. In the time it takes to cook a decent plate of spaghetti, Pump.fun managed to raise a cool $500 million from retail investors. Twelve minutes, to be exact. I’ve spent longer waiting for a coffee.
- 125 billion tokens were sold at $0.004 each. You do the math – it’s a lot of cash.
- The sale took place across various exchanges, including Bybit, Kraken, and KuCoin. Because who doesn’t love a good crypto party?
- Purchased tokens will be distributed to wallets within 48–72 hours. But don’t get too excited – they’ll be locked until distribution ends. It’s like buying a new toy and having to wait until Christmas to play with it.
The team behind Pump.fun must be thrilled. Their Solana-based memecoin launcher’s new utility token is now valued at a whopping $4 billion. Not bad for a few minutes’ work.
As with all things crypto, there’s a warning: beware of look-alike assets. It’s like trying to spot a fake designer handbag – it might look the same, but it’s probably just a cheap knockoff.
The official Solana contract address is pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn. Don’t say I didn’t warn you.
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2025-07-12 18:43