#pumptoken

🚀 Pump.fun’s $PUMP Token ICO Sells Out in Record Time! 🚀

The Solana-based memecoin launchpad Pump.fun just made waves with one of the fastest-selling ICOs ever! Their native token, $PUMP , sold out in just 12 minutes on July 12th, raising a whopping $500M! 💰

According to Pump.fun’s post on X, 125B PUMP tokens were sold at 0.004 USDT each via their website and participating exchanges. The tokens, part of a 1T max supply, are now entering the distribution phase (48-72 hours post-sale) and will soon be tradable. 📈

Token allocation:

• 33% ICO

• 24% Community & Ecosystem

• 20% Team

• 13% Existing Investors

• 2.4% Ecosystem Fund

• 2% Foundation

• 3% Livestreaming

• 2.6% Liquidity & Exchanges

Huge congrats to the Pump.fun community! 🎉 What’s next for $PUMP ?