Pump.fun will offer 150 billion PUMP tokens in its ICO, aiming to raise significant funds while excluding U.S. and U.K. participants due to regulatory issues.
Pump.fun, a Solana-based memecoin launchpad, is set to launch its official token, PUMP, through an ICO on July 12, 2025, offering 150 billion tokens at $0.004 each. The ICO aims to raise up to $600 million and will exclude U.S. and U.K. residents. Despite generating over $720 million in fees since its launch, the platform faces declining revenue and market share. Community reactions are mixed, with some criticism regarding the token sale's timing and implications for the memecoin market.