Alright, the crypto circus is at it again. Pump.fun is gearing up for an epic $1 billion token sale.
Yeah, a billion with a B. According to various sources, this move could value Pump.fun at $4 billion.
Crypto’s newest unicorn, born in the middle of a memecoin frenzy that’s now looking more like a meltdown.
Public sale
Based on the current informations, this token sale isn’t just for the big sharks, because Pump.fun plans to open the doors to both public and private investors, and social media whispers hint this could drop in the next two weeks.
Imagine your office suddenly announcing a surprise bonus, but instead of cash, it’s tokens. Exciting? Sure. Risky? Oh, you bet.
Now, what about the PUMP token itself? Details are sketchy, let me say this.
No official word on when the launch will happen or if these tokens will hit exchanges or stay locked inside Pump.fun’s ecosystem. But a recent post on X suggests it might be sooner rather than later.
Rise and decline
Since its early 2024 debut, Pump.fun has been a rocketship. It lets users create tokens on Solana instantly and for free, no complicated paperwork, no fuss.
Over 11 million tokens have been minted on the platform, raking in about 3.3 million SOL, roughly $517 million in revenue.
Not bad, right? But hold your applause, trading volumes have declined nearly 80% since January’s memecoin mania peak. DeFiLlama confirms a similar 70% drop in daily volume over six months.
And let’s not sugarcoat it, many (maybe all?) Solana memecoins have been flagged as scams or pump-and-dump schemes.
So, while Pump.fun’s token sale sounds like a blockbuster, the memecoin sector is still a messy, risky playground.
Adapt
Still, Pump.fun isn’t going down without a fight.
They ditched their partnership with Raydium by launching their own automated market maker, rolled out a mobile app, and brought back live streaming, though that feature had been paused thanks to content moderation headaches after some pretty crazy video.
They’re hustling to stay relevant in a market that’s turning cold.
Speaking of memecoins, they’re tanking hard. Once the darling of speculative gamblers, most have collapsed since January.
Solana’s network activity, heavily tied to these coins, took a hit too. Big names like Pepe, Bonk, and Floki?
It's a tough day for the meme category today with $FARTCOIN, $PENGU, and $BONK among the hardest hit.
Are you holding any of them?https://t.co/1sqf05lMCK pic.twitter.com/oxXGDELBJb
— CoinGecko (@coingecko) June 4, 2025
Deep in the red. Even Trump’s memecoin has crashed 85% from its January peak, trading around $11 now.
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