Ah, the sweet scent of memecoins wafts through the air once more! Our dear friends at Pump.fun, a Solana-based launchpad for these delightful digital creatures, have announced their initial coin offering (ICO) through the Gate.io cryptocurrency exchange. The grand event shall take place between the 12th and 15th of July, with 150 billion tokens up for grabs at a mere $0.004 each.
Now, you may ask, what is the total supply of these PUMP tokens, you inquisitive soul? Well, let me tell you, it’s a whopping 1 trillion tokens, which, when fully diluted, gives us a valuation of approximately $4 billion. Quite the sum, wouldn’t you agree?
🚨 @pumpdotfun Public Token Sale: All You Need to Know
– Token: $PUMP
– Total Supply: 1 trillion
– Date: July 12 – July 15 (3 days)
– Tokens for Sale: 150 billion
– Sale Price: $0.004
– Fully Diluted Valuation: $4 billion— SolanaFloor (@SolanaFloor) July 7, 2025
Pump.fun Faces Market Threat 😱
Our beloved Pump.fun has been enjoying a splendid year, with daily revenues soaring thanks to the high demand for Solana-based memecoins. As Coinpedia has reported, Pump.fun developers have been depositing hundreds of millions of dollars worth of Solana to various cryptocurrency exchanges.
However, dear reader, the winds of change are upon us. The company’s revenues have been dwindling, and the culprit? None other than the LetsBONK.fun platform, which has been stealing the spotlight with its daily revenue of over $1 million, compared to Pump.fun’s $533k in the same period. The success of LetsBONK.fun can be attributed to the Bonk (BONK) memecoin, the largest meme project on the Solana network.
To make matters worse, Pump.fun faces legal challenges, including lawsuits accusing the platform of enabling pump and dump schemes. Furthermore, the platform is plagued by a multitude of bots creating tokens every minute, with hardly any of them developed to grow a community. Will Pump.fun rise above these challenges and claim its rightful place in the memecoin kingdom, or will it crumble under the shadow of LetsBONK? Only time will tell. 🍿
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2025-07-08 01:42