Lookonchain's recent report indicates that DWF Labs received a significant allocation of 2.5 billion PUMP tokens, valued at approximately $17.4 million, directly from Pump.fun. This transaction, occurring shortly before PUMP's exchange listing, strongly suggests that DWF Labs is an early investor in the Pump.fun platform. PUMP tokens were listed on exchanges like Gate.io at 2:00 PM today and are currently trading around $0.005517. The sizable token acquisition by DWF Labs highlights growing institutional interest in meme coins and platforms like Pump.fun, which allows users to easily create and launch meme coins on the Solana blockchain. The move also reflects DWF Labs' strategy of investing in early-stage crypto projects. ```