The presale for PUMP, the native token of the Solana-based meme coin launch platform Pump.fun, concluded in a staggering 12 minutes. This event highlights the intense interest surrounding both the platform and the broader meme coin market. A significant 12.5% of the total PUMP token supply was allocated to this presale, successfully raising $500 million. This substantial capital injection positions Pump.fun for continued growth and development within the rapidly evolving Solana ecosystem. The funds will likely be used to enhance platform features, attract new projects, and potentially explore cross-chain integrations. The rapid sell-out indicates strong community support and belief in Pump.fun's vision. Keep an eye on future developments surrounding the PUMP token and the Pump.fun platform as they continue to impact the meme coin landscape. ```