Dogecoin Barks Up Huge Gains as Meme Coin Traders Await Pump.fun Token Sale
2025-07-11 16:15:57
Main Idea
Dogecoin (DOGE) is leading a surge in meme coins ahead of Pump.fun's PUMP token ICO, with meme coins outperforming major cryptocurrencies like Bitcoin and Ethereum.
Key Points
1. Dogecoin (DOGE) has surged 12%, leading meme coins to outperform Bitcoin (BTC) and Ethereum (ETH), which saw gains of 4.9% and 6.6% respectively.
2. The meme coin category has risen 13.9% in 24 hours, with Pepe (PEPE) and Mog Coin (MOG) jumping 15.8% and 31.6% in the same period.
3. Pump.fun is launching its PUMP token ICO on Saturday, with a starting price of $0.004 and a $4 billion FDV, targeting users outside the U.S. and UK.
4. Predictors on Myriad estimate a 78% chance the PUMP token will sell out within the first hour of its ICO, reflecting strong demand.
5. Other Pump.fun-launched tokens like FARTCOIN and PNUT have also seen significant gains, rising 12% and 25.5% respectively in the last 24 hours.
Description
Meme coins, led by Dogecoin, are jumping higher Friday as Bitcoin hits new highs—and the Pump.fun Solana token sale is only hours away.
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