Pump.fun Acquires SOL-Based Wallet Tracker Kolscan Ahead of Anticipated Token ICO
2025-07-11 05:30:30
Main Idea
Pump.fun, a Solana-based memecoin launchpad, has acquired wallet tracking tool Kolscan ahead of its public token sale, aiming to integrate analytics with social trading tools to enhance its ecosystem.
Key Points
1. Pump.fun announced its first-ever acquisition of Kolscan, a wallet tracking tool, ahead of its public token sale scheduled for July 12, 2025.
2. The acquisition aims to combine Kolscan’s analytics with Pump.fun’s social trading tools to improve the ecosystem, as stated by co-founder Alon Cohen.
3. Coinbase has announced pre-market trading for Pump.fun’s $PUMP token, with pre-launch markets opening on or after July 10, 2025.
4. The upcoming ICO will release 33% of the total 3 trillion token supply, with retail investors having access to 15% at $0.004 per token.
5. Pump.fun’s co-founder emphasized that trading is a social activity, aligning with the platform’s principles of community and comparison.
Description
Solana-based memecoin launchpad Pump.fun announced Thursday that it made its first-ever acquisition of the wallet tracking tool Kolscan. The integration would “change the entire on-chain trading landscape,” the memecoin generator noted. The acquisition comes just days ahead of Pump.fun’s much-anticipated public token sale , scheduled for July 12. The company said early this week that the ICO aims to generate up to $600 million in funding and accounts for 15% of the token’s total supply. The acqu...
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