PUMP Token Public Sale Concludes in Record Time

PUMP token raises $600M swiftly, gaining attention for pump.fun’s impactful Solana venture.

According to BlockBeats News, pump.fun successfully completed the PUMP token sale in just 13 minutes, raising $600 million. The high demand signals robust interest in launching on the Solana platform, influencing associated token activity.

$600M Raised in 13 Minutes: PUMP Token Hits Milestone

Pump.fun’s PUMP token public sale, conducted on Solana-based exchanges, concluded swiftly with immense interest. 150 billion tokens were sold at a pricing of $0.004 each, representing 15% of the total supply. This transaction resulted in raising $600 million, setting a notable precedent in rapid fundraising.

Increased activity in Solana’s ecosystem followed the PUMP sale, indicating a direct impact on interconnected assets and platforms. Solana prices experienced a slight uptick following the sale news.

The trading for PUMP/USDT commenced promptly post-sale, with Gate.com and Bitget supporting trade activity. The utility token plays a crucial role in pump.fun’s operation, underscoring its launchpad and AMM protocol.

PUMP Token Powers Solana Activity Surge

Did you know? The PUMP token sale highlights Solana’s rapid adaptation as a prominent platform for meme tokens, mirroring early events like DOGE and PEPE, indicative of high initial but volatile market participation.

CoinMarketCap reports PumpBTC (PUMP) priced at $0.04, with a market cap of $11.79 million and a 24-hour trading volume of $3.04 million. Price dropped 6.07% today but saw a 10.91% rise over the week, with additional volatility marked in recent months.

“Pump.fun, a Solana-based memecoin platform, will soon release its utility token, PUMP, during a public sale that will start on July 12, 2025. The sale will be done on both Gate.com and on the site itself, Pump.fun, with 150 billion tokens sold at $0.004 each. This is 15 percent of the total supply, amounting to up to 4 billion in the project.” — Pump.fun, Official Announcement

Coincu Research suggests that while immediate Solana-related activity surged, PUMP’s full impact will depend on ongoing adoption within pump.fun’s utility framework. Monitored regulatory responses and blockchain integrations could further influence its future trajectory within the DeFi landscape.