What You’ll Learn
- Pump.fun is a memecoin launchpad built on the Solana blockchain. The platform allows users to create their own memecoin without having to code a smart contract.
- Smart contracts are codes that automate functions on the blockchain.
- The platform is all set to go live with its ICO sale on July 12, 2025. According to the official website the ICO sale will not be available to UK and US residents. UK’s FCA – Financial Conduct Authority has issued warnings in the past stating that the platform is not authorised to operate in the country.
- According to Pump.fun’s official website, 15% of its total supply will be up for sale with the token priced at $0.0040. The token will be available on major crypto exchanges like Bybit (Bybit.eu is not eligible for listing), Kraken, Bitget, MEXC and Kucoin.
- The platform has a fundraising goal of up to 600 million with its fully diluted valuation at $4 billion.
- Dubbed as the ‘Money Printing Machine’, Pump.fun’s ICO listing will be a radical milestone for the memecoin trading communities.
$PUMP – Most Awaited ICO Listing Is Finally Going Live
Pump.fun’s launch has been on every memecoin trader’s radar. Rightly so because the platform has clocked $30 million in revenue in the last one month and has an annualised revenue of $370 million.
Pump.fun tweeted,
(As per DefiLama) These numbers have kept PumpFun right alongside infrastructure level platforms like Tether and PancakeSwap.
Users willing to buy the token need to complete their KYC via Pump,fun’s official website. While many are excited about the listing of $PUMP, many are hoping to receive an airdrop. Pump.fun has not confirmed about any airdrop though.
According to Gate.io’s listing information, the token will be available for purchase on a first come first serve basis and the sale will go on for 72 hours.
FUD: Fear, Uncertainty and Doubt On $PUMP Listing
Gate.io briefly published a page regarding $PUMP token’s sale outlining the token details like project information, token sale price, date and time of listing. Later, the exchange abruptly took down the page sparking uncertainty around the token launch.
The exchange’s support page vaguely stated that Pump.fun pre-market has been removed and there are negotiations happening between Gate.io and Pumpfun and they haven’t solidified on any deal just yet.
Will $PUMP Really Pump After Listing?
Pump.fun’s founder Alon Cohen has set ambitious plans for the platform’s ICO debut. He has directly hinted that Pump.fun will compete with social media giants like Tiktok and Facebook.
Pump.fun tweeted,
While the platform has enabled the launch of some stellar memecoins since 2024, the platform has been under prolonged scrutiny in many countries across the globe. Pump.fun has some really fascinating narratives to compare. On one side the platform has made millions by simply making memecoin launch a piece of cake for people and on the other hand it birthed to sniper bots that have drained wallets of millions of traders on Solana.
ICO listings filled with negative publicity and regulatory concerns are often nosedive after launch as users tend to sell these tokens in panic. With Bybit’s confusing listing details and the project’s over- optimistic sight, $PUMP token’s future appears to be filled with uncertainty.