Imagine this, buddy — a token launch happens, and just 13 minutes later, the project bags $600 million. That’s not just fast — that’s insane. We're talking about PUMP, the new token from Pump.fun, a platform built on the Solana blockchain that's quickly making waves in the world of meme-driven crypto projects.
The sale kicked off on July 12, 2025, across Gate.com, Bitget, and Pump.fun’s own website. A total of 150 billion tokens were up for grabs at $0.004 each, representing 15% of the total supply. The result? Everything sold out in just 13 minutes, raking in a staggering $600 million.
This lightning-fast raise highlighted two big things:
Massive community interest in launches on Solana.
Just how quickly meme tokens can attract liquidity when there's hype and momentum behind them.
Following the sale, the Solana ecosystem lit up — activity surged, and even the price of SOL ticked upward. Other related tokens and projects also saw increased traction. One launch triggered a chain reaction, proving just how influential these events can be.
What’s interesting is that PUMP isn’t just a meme coin for trading. It plays a key role in the Pump.fun ecosystem, powering its AMM protocol and acting as a utility token within the platform. In other words, it’s meant to be more than just a speculative asset.
Still, the ride hasn’t been entirely smooth. Despite its early success, the PUMP token has already dipped 6% today, although it’s up 10.91% over the past week. Market cap currently sits at $11.79 million, with a $3.04 million daily trading volume — showing strong volatility and trader interest.
It’s hard not to compare this to the early days of DOGE or PEPE. Back then, people laughed — and then watched as those tokens exploded into major ecosystems. Now, Solana seems to be the new stage for these meme-token experiments.
Of course, in crypto, long-term success depends on real-world use, strong community support, and smart integration. Whether PUMP can become more than just hype remains to be seen.
So here’s the question for you:
Would you invest in a meme token with this kind of explosive start — or does it all feel a bit too much like a bubble?