US EditionPump.fun Aiming to Raise $1B Via Token Sale at $4B Valuation: Blockworks
- Pump.fun announced plans to launch its own cryptocurrency and conduct a $1 billion token sale aiming for a $4 billion valuation on June 3, 2025.
- The token sale follows Pump.fun's rise as a Solana-based meme coin factory that generated over $700 million in fees and enabled nearly 11 million tokens since January 2024.
- Pump.fun expects to include a 10% airdrop to its community, which insiders and social media sources confirm, alongside allocations for public and private investors.
- Jack Niewold called the $4 billion valuation fair given Pump.fun’s nearly $1 billion annual revenue, while the platform has also faced criticism for fostering gambling-like behavior.
- The token sale, valued at $1 billion, could rank among the most significant cryptocurrency fundraisers of the year and indicates Pump.fun’s intention to maintain momentum despite a recent downturn in the meme coin market.
41 Articles
41 Articles
Best Solana Presales to Buy as Pump.fun Launches ICO
Pump.fun is reportedly launching a token sale aiming to raise $1 billion, although the timing has yet to be revealed. The move has sent shockwaves through the Solana community and shone a light on the proven ICO launch method, which Pump.fun is expected to employ. As this Pump.fun saga unfolds, what are the best Solana […] The post Best Solana Presales to Buy as Pump.fun Launches ICO appeared first on Modern Diplomacy.
Pump.fun Mulls $1B Token Sale
Solana-based memecoin launch platform Pump.fun is reportedly preparing to raise $1 billion through a token sale, targeting a $4 billion fully diluted valuation for its new token. The token sale is expected to include allocations for both public and private investors, and would be one of the largest token sales in crypto to date. Although the timing of when the proposed token will go live remains unknown, a pseudonymous X user @nextfckingthing s…
Pump.fun Eyes $1B ICO, May Share Revenue With Token Holders
The token launch, which has been speculated since late 2023, may involve a “buyback-powered utility structure,” where a portion of Pump.fun’s earnings could be used to buy back or support the value of the forthcoming PUMP token. However, it’s unclear whether this revenue-sharing model would include profits from PumpSwap, the decentralized exchange introduced earlier this year. One source close to the team told The Block, “Some of this stuff is s…
BREAKING: Details of the Buyback and Revenue Model for Token Holders in One of the Largest Airdrops in History Have Been Revealed
Solana-based memecoin platform Pump.fun plans to share a portion of its protocol revenues with token holders via the upcoming PUMP token. According to two sources close to the matter, the platform aims to raise funds through a $1 billion initial coin offering (ICO). It is not yet clear how much of P...
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