Pump.fun ($PUMP) Raises $600M in 12-Minute ICO – But Can Bulls Breach $0.00670?
2025-07-16 16:39:44
Main Idea
Pump.fun ($PUMP) raised $600 million in a 12-minute ICO on Solana, with the token showing signs of recovery and potential for a major breakout.
Key Points
1. Pump.fun ($PUMP) launched its ICO on July 14, 2025, selling 15% of its total supply at $0.004 per token, raising $600 million in 12 minutes.
2. The token is currently trading at $0.006463, marking an 18% gain in 24 hours, with a market cap of $2.29 billion and a fully diluted valuation of $6.47 billion.
3. Analysts predict $PUMP could reach $0.10, driven by its automated market-making model and community-driven liquidity mechanisms.
4. Pump.fun has bought back 2.99 billion $PUMP tokens using 118,350 $SOL ($30.59M), signaling long-term sustainability efforts.
5. The token is now listed on Bitget with a Launchpool event running from July 15–18, 2025, further boosting market exposure and bullish sentiment.
Description
Pump.fun ($PUMP) is rewriting the memecoin playbook. The token is on the brink of recovery just days after its explosive July 14 ICO on Solana , which sold out in 12 minutes and raised $600M. Source: CoinGecko Is $PUMP Set for a Major Breakout After $600M ICO? Pump.fun’s launch has positioned it as a transformational force in the memecoins and DeFi environment. Launched on the Solana blockchain, $PUMP is currently trading at $0.006463, representing an 18% gain in just 24 hours. On July 14, 2025,...
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