**Pump.fun’s Record-Breaking ICO Raises $500 Million in 12 Minutes**

🌟 **Pump.fun**, a Solana-based memecoin launchpad, completed a historic **Initial Coin Offering (ICO)** on July 12, 2025, raising **$500 million** in just **12 minutes** from retail investors across exchanges like **Bybit**, **Kraken**, **KuCoin**, **Bitget**, **Gate.io**, and **MEXC**.

🌟 The ICO sold **125 billion PUMP tokens** at **$0.004 each**, resulting in a **$4 billion fully diluted valuation (FDV)**, making it the **third-largest ICO in crypto history**.

🌟 Purchased tokens will be distributed to wallets within **48–72 hours** and remain **locked** until distribution is complete, preventing trading or transfers during this period.

🌟 The ICO accounted for **33% of PUMP’s total 1 trillion token supply**, with **18%** previously allocated via a private sale and **15% (125 billion tokens)** sold in the public phase. Other allocations include **24%** for community initiatives, **20%** for the team, **13%** for existing investors, **2.6%** for liquidity, **2.4%** for an ecosystem fund, and **3%** for streaming incentives.#USCryptoWeek