š„Pump.fun Eyes $1B Raise at Potential $4B Valuation, Surpasses $700M in Revenueš„
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Pump.fun is gearing up for a $1 billion token sale, with insiders hinting at a possible $4 billion valuation for the memecoin launchpad. Since launching in early 2024, the platform has brought in over $700 million in revenue, riding the memecoin frenzy by allowing users to instantly mint Solana tokens. With nearly 11 million tokens launched, the ecosystem now boasts a combined market cap of $4.5 billion. The upcoming token offering is expected to target both public and private investors, with a launch potentially just two weeks away.