Pump.fun, the meme coin launchpad on the glamorous Solana blockchain, just pulled off a feat that would make Houdini jealous—it sold out its public token sale in a lightning-fast 12 minutes, raking in a jaw-dropping $500 million!💸💨
This blockbuster event was confirmed on July 12 over at X (formerly known as Twitter, but who’s counting?), where the team celebrated like they’d just won the lottery. Spoiler alert: the token is gearing up for its distribution phase! 🎉
Pump.Fun Token Takes a 40% Joyride After Presale!
In this wild sale, a whopping 12.5% of the entire 1 trillion PUMP token supply disappeared at a fixed price of $0.004. You know, if I had a dollar for every meme coin sold, I wouldn’t have to sell my memes! 😂
Now, here’s the kicker: the sale was a party exclusive to everywhere except the US and UK. Talk about FOMO! 😅
“The tokens will initially be as useless as a chocolate teapot while we conduct the distribution phase. Just hang tight, folks! Once we’re done, you can trade them like hotcakes—stay tuned for the announcement!” the project team chirped.
Even with those pesky restrictions, the demand was hotter than a jalapeño pepper! All sorts of big-shot investors were itching to get in on the action.📈
According to Blockchain Sherlock Holmes, Lookonchain, crypto whales jumped in faster than a kid on a sugar rush! One notorious investor, who goes by “ff.sol,” turned a measly $1.19 million stake in the TRUMP meme coin into a staggering $438 million. Talk about a “whale” of a tale! 🐳💰
This crafty investor quickly shuffled 1 million USDC into a brand new wallet to make the ticket purchase to PUMP’s express train! 🚂💨
And guess what? The market reacted like it just saw a new episode of its favorite show. 🚀
The PUMP token, fresh off the presale mischief, was dancing at $0.005609 on the Hyperliquid platform, giving a hearty 40% lunge from its initial price. 💃
With trading volume soaring above $443 million and open interest making its own headlines at $317 million, the numbers are looking spicier than a taco truck at 2 AM! 🌮💥
But wait, there’s more! Pump.fun isn’t stopping at just one success. They’ve snagged Kolscan, a wallet-tracking analytics platform, in a deal that’s hush-hush—probably because they don’t want anyone else to snag the scoop! 🤫💼
This strategic move promises to bulk up Pump.fun’s social trading tools with deeper insights into real-time transactions, profit-loss shenanigans, and wallet action from those influencer-wanna-be traders.
Alon Cohen, co-founder of Pump.fun, said this acquisition will turbocharge the speed and reliability of trade data, ensuring leaderboard rankings are based on actual trades rather than just who’s got the best emoji game! 🏆💬
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2025-07-12 20:46