#MemecoinSentiment Pump.fun has just held a remarkable token offering (ICO) that raised $500 million in just 12 minutes from individual investors on various exchanges. They sold 125 billion PUMP tokens at $0.004 each, bringing the valuation of PUMP to $4 billion. This makes it the third largest ICO in crypto history.

After purchasing, users will have to wait 48-72 hours for the tokens to be transferred to their wallets and cannot trade during this time. This ICO represents 33% of the total supply of PUMP tokens.