en.coinotag.com
-
Pump.fun, a prominent Solana-based token launchpad, is reportedly preparing to launch its own native token, PUMP, signaling a major development in the meme coin ecosystem.
-
Although a detailed token sale page appeared briefly on crypto exchange Gate, it was swiftly removed after attracting significant attention, leaving many questions about the tokenomics and sale structure.
-
According to COINOTAG sources, the planned public sale could offer 15% of the total 1 trillion PUMP tokens, potentially valuing the project at a fully diluted valuation of $4 billion.
Pump.fun’s anticipated PUMP token launch could reshape Solana’s meme coin landscape with a $600M public sale, stirring excitement and speculation among crypto enthusiasts.
Pump.fun’s PUMP Token Launch: Details and Market Implications
Pump.fun’s rumored token launch has generated considerable buzz, especially after Gate exchange briefly listed a public sale scheduled for July 12. The sale was set to distribute 150 billion PUMP tokens, representing 15% of the total supply, at a price of $0.004 per token. This pricing implies a fully diluted valuation (FDV) of approximately $4 billion, a significant figure that positions Pump.fun among the top-tier token launches in the Solana ecosystem.
The sale was designed to operate on a first-come, first-served basis over a 72-hour window, with no upper purchase limit but a minimum buy-in requirement. This approach could facilitate broad participation, potentially attracting both retail investors and institutional players. However, the sudden removal of the sale page from Gate’s platform has introduced uncertainty, prompting the community to await official confirmation from Pump.fun or Gate representatives.
Community Reaction and Historical Context of Pump.fun
Since its inception, Pump.fun has been recognized as one of the most successful decentralized launchpads for meme coins, enabling the creation of viral tokens such as Fartcoin (FARTCOIN) and Peanut the Squirrel (PNUT). These projects have collectively generated hundreds of millions in protocol revenue, underscoring Pump.fun’s influential role in the crypto space.
Despite persistent rumors about a native token, co-founder Alon Cohen publicly discouraged expectations of a token launch earlier this year, emphasizing the platform’s focus on user-generated projects rather than its own token issuance. The recent developments, however, suggest a strategic pivot that could reward early adopters and loyal users, possibly through an airdrop or direct token sale.