#MemecoinSentiment

The memecoin-focused platform Pump.fun launched an ICO and raised $600 million in just 12 minutes, selling ~15% of total supply at a $4 billion fully diluted valuation .

Pre-market derivatives showed roughly $346 million in futures volume, trading ~30% above ICO price—signaling strong bullish sentiment .

Prediction markets heavily favored a quick sell-out (~70%), and lockups are helping to limit immediate dumps .