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Pump.fun Aiming to Raise $1B Via Token Sale at $4B Valuation: Blockworks

  • Pump.fun, a memecoin launchpad operating on the Solana blockchain, is preparing to conduct a token offering intended to generate $1 billion, which would value the project at $4 billion by June 2025.
  • The token sale follows Pump.fun's rapid growth since launching in January 2024, driven by nearly 11 million tokens created and over $730 million in fees generated.
  • The token sale is planned to include allocations for private and retail investors, with a potential airdrop of around 10% of the total tokens expected to be distributed to users.
  • On June 3, 2025, Jack Neiwold, founder of Decypher Podcast, stated that a $4 billion valuation is justified for a rapidly expanding company that dominates its market and generates close to $1 billion in annual revenue.
  • This token sale aims to boost profits amid a decline in meme coin revenues and widespread Solana network congestion, though long-term sustainability remains uncertain.
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cryptocrunchapp.com broke the news in on Tuesday, June 3, 2025.
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