Pump.fun$PUMP has set a new standard in the world of cryptocurrency, completing a record token sale and raising $600 million in just 12 minutes. This historic achievement included the sale of 150 billion PUMP tokens at a price of $0.004 each, resulting in a fully diluted valuation of $4 billion. This event rekindled interest in initial coin offerings (ICOs), particularly in the meme coin segment, and solidified Pump.fun's position as a leader in the emerging crypto market.
The token distribution strategy of Pump.fun reflects a balanced approach aimed at attracting both institutional and retail investors while ensuring long-term growth of the ecosystem. The distribution of the total supply of 1 trillion PUMP tokens is as follows:
18% reserved for institutional investors: This move underscores Pump.fun's commitment to attracting large investors to enhance market trust and stability.
15% allocated for retail traders: A significant share allocated for retail participants aims to democratize access to the ecosystem and encourage widespread adoption.
67% for ecosystem development
