🧨 Pump fun Raises $600M in 12 Minutes – Meme Coin Mania Returns to Solana
🚨 BREAKING: In one of the fastest ICOs in crypto history, Pump.fun raised $600 million in just 12 minutes, selling 150 billion PUMP tokens at $0.004 each. The Solana-based meme coin launchpad has now reached a fully diluted valuation of $4 billion, reigniting interest in meme coin crowdfunding.
📊 ICO Highlights:
- 15% of total supply sold publicly
- $600M raised across DEXs and CEXs including Kraken, KuCoin, and Gate.io
- Tokens untradable until July 15, pending distribution phase
🧠 Why It Matters:
- Pump.fun’s model lets anyone launch a meme coin instantly — no fees, no taxes
- The platform has generated $1.32B in total token sales, including private rounds
- Critics call it “exploitative,” while fans hail it as Web3’s TikTok for tokens
📉 Controversies:
- 40% of tokens allocated to Pump.fun itself
- U.S. and U.K. investors barred due to regulatory restrictions
- Bybit faced API delays, leaving some users without allocations
💬 Community Buzz:
“This is the highest-grossing meme token launch in history,” said Haseeb Qureshi
Others called it “a Pied Piper moment for Gen Z crypto traders”
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🔍 What’s Next?
With trading expected to begin July 15, all eyes are on PUMP’s price action. Will it hold its $4B valuation or face post-ICO volatility? Either way, Pump.fun has proven that meme coin mania is far from over.
📢 Your Move:
Is Pump.fun the future of token creation or just another hype cycle?
Drop your thoughts below 👇
PumpFun #PUMPtoken #Solana #MemeCoins #CryptoNews #BinanceSquare
