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July 12, 2025 – Pump.fun, the pioneering Solana-based platform that empowers anyone to launch a new cryptocurrency with ease, today announced a groundbreaking achievement: its public token sale swiftly raised approximately $500 million in just 12 minutes, valuing the platform's native PUMP token at a fully diluted valuation (FDV) of $4 billion. This rapid and substantial capital injection underscores immense market confidence in Pump.fun's innovative model and its central role in democratizing token creation within the Web3 ecosystem.
The public sale, which saw 125 billion PUMP tokens sold at $0.004 each, attracted widespread participation from retail investors across various exchanges, including Bybit, Kraken, and KuCoin. This remarkable speed and scale highlight the strong demand for Pump.fun's utility token and its vision for a more accessible and community-driven crypto landscape.
"We are incredibly humbled and energized by the overwhelming support from the community in our public token sale," said a spokesperson for Pump.fun. "Raising $500 million in just 12 minutes is a testament to the power of our platform and the collective belief in our mission to make token creation simple, fair, and fun for everyone. This capital will accelerate our development, enhance our infrastructure, and further solidify our position as the go-to platform for memecoin innovation."
Key Details of the PUMP Token Sale:
- Amount Raised: Approximately $500 million.
- Speed: Achieved in a mere 12 minutes.
- Valuation: $4 billion Fully Diluted Valuation (FDV) for the PUMP token.
- Token Price: 125 billion tokens sold at $0.004 each.
- Distribution: Purchased tokens will be distributed to wallets within 48-72 hours and will remain locked until the full distribution process is complete, preventing immediate trading or transfers.
- Official Contract Address: Pump.fun has shared the official Solana contract address (pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn) and urged users to exercise caution against look-alike assets.
The PUMP token represents 12.5% of the total 1 trillion token supply allocated for the public sale, which was recently adjusted from an initial 15%. An additional 18% of the supply was allocated via an earlier private sale. The remaining token allocation includes 20% for the team, 24% for community and ecosystem incentives, 13% for existing investors, 2.6% for liquidity, 2.4% for an ecosystem fund, with the remainder designated for a foundation fund and live streaming incentives.
Pump.fun: Empowering Decentralized Token Creation
Since its inception, Pump.fun has revolutionized the memecoin space by offering an intuitive platform where users can mint and list new tokens with just a few clicks. The platform's unique mechanism ensures that when a newly minted token reaches a specific market capitalization threshold, it automatically gets listed on decentralized exchanges (DEXs), providing immediate liquidity and market access.
While DeFiLlama data indicates a recent decline in Pump.fun's launchpad volume and revenue from their peak in January (volume from over $11.6 billion to $3.65 billion last month; revenue from $133 million to nearly $34 million), the platform has demonstrated resilience and adaptability. The success of Pump.fun's decentralized exchange, PumpSwap, launched in March, has significantly offset this trend, recording $14.3 billion in volume in May and $10 billion last month, contributing $7 million and $5 million in revenue respectively.
This successful public sale provides Pump.fun with substantial resources to further develop its platform, expand its offerings, and continue its mission of fostering a vibrant and accessible environment for memecoin innovation and community engagement.
About Pump.fun
Pump.fun is a Solana-based platform that simplifies the process of creating and launching new cryptocurrencies. It allows anyone to mint and list a new token with ease, providing a direct path to decentralized exchange listings once certain thresholds are met. Committed to democratizing token creation, Pump.fun aims to be the leading hub for memecoin innovation and community-driven projects.
Compiled by CMO Intern team
