Pump.Fun’s token sale set for July 12 – $600M target & more…
2025-07-10 10:07:57
Main Idea
Pump.Fun is launching a public PUMP token sale on July 12, aiming to raise $600 million with a $4 billion valuation, as part of its strategy to merge crypto and social media.
Key Points
1. The PUMP token sale will run for 72 hours on Pump.Fun and six centralized exchanges: Bybit, Kraken, Bitget, MEXC, Kucoin, and Gate.
2. 33% of the total 1 trillion PUMP token supply (valued at $1.32 billion) will be sold during the ICO, with 15% allocated to the public sale.
3. Token distribution includes 13% for existing investors, 2% for the foundation, 2.6% for liquidity, 2.4% for the ecosystem fund, and 3% for live-streaming.
4. Bybit has prohibited E.U. customers from participating in the ICO due to regulatory restrictions.
5. Pump.Fun's founder, Alon Cohen, stated that the PUMP token will help the platform dominate the crypto and social media space.
Description
33% of 1 trillion PUMP token supply or $1.32B will be sold by July 15.
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