TLDR:
- Milestone: Pump ($PUMP), the contract address for whose we will only disclose post-ICO, is expected to generate $1.3 billion during the public and private sale to launch July 12, 2025, for 33% of its 1 trillion token allocation and 24% for community and ecosystem development in the efforts to reach its $4 billion full diluted valuation (FDV).
- Narrative: Pump.fun, the launchpad behind the Solana memecoin launch, introduces $PUMP to propel its SocialFi vision, where token economics by the community will redistribute value back to the users and disrupt the Web2 giants like Facebook and TikTok.
Pump.fun, the leading Solana-based platform for creating and trading memecoins, has announced a landmark Initial Coin Offering (ICO) for its native token, Pump ($PUMP), set to run from July 12 to July 15, 2025, aiming to raise $1.3 billion. The public token sale will provide 150 billion PUMP tokens from the 1 trillion total supply, worth 15%, at the token fixed price of $0.004 per token, to achieve $600 million, according to Coin24h.com. Together with the 18% closed private sale to institutional buyers, the ICO places the $PUMP token at the $4 billion FDV mark, representing the marketplace’s historic achievement with over $700 million in revenues generated since launch in January 2024, according to Bloomberg. This launch was set after the delay in June due to legal problems.
$PUMP’s origin began with Pump.fun’s bold SocialFi idea of breaking Web2 behemoths Facebook, TikTok, and Twitch by giving value back to the end-user. The platform, where one need not to be coding intelligent to create and transfer tokens, has already minted over 6 million memecoins, according to Wikipedia, and seeks to fuel its in-house economy using $PUMP. The token distribution is 33% to the ICO (15% public, 18% private), 24% to community development and ecosystem building, 20% to the founding team, 13% to early investors, and 10% to liquidity, livestreaming, and foundation. Incidentally, all the ICO tokens are vested during the token generation event (TGE), the initial circulating supply being fixed at 55%, while the team and investor tokens vest during the one-year duration, Pump.fun’s announcement.
The ICO will happen on the prestigious exchanges Bybit, Kraken, KuCoin, Bitget, Gate, and MEXC, with payment in KYC and USDT, USDC, SOL, and bbSOL. Tokens will initially be non-transferable, with spot trading underway 48–72 hours post-sale. Binance’s listing of PUMPUSDT futures on July 10, 2025, will boost liquidity, says CoinGecko. Pump.fun’s tokenomics offer use cases in the areas of fee rebates, buybacks, and staking rewards, with $PUMP serving as the anchor for its SocialFi framework for delivering end-users instant access to global attentions and revenues streams, says the group: “We’re not adding a new asset but redefining the relationship between users and value.”
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