Pump.fun Plans $1 Billion Token Sale with $4 Billion Valuation, Sources Say

The «meme token factory» Pump.fun aims to raise $1 billion through the sale of its PUMP tokens to both public and private investors, according to sources cited by Blockworks.

The token’s price will be determined based on a platform valuation of $4 billion.

The token sale is expected to take place within the next two weeks, and there may be an airdrop involved.

As reported by Dune Analytics, the launchpad has generated $622 million in fees over its existence. A total of 19.45 million registered addresses have issued nearly 10.7 million tokens.

The peak of activity was observed in November 2024 and January 2025.

Research indicates that a «bot army» on Pump.fun accounts for between 60-80% of trading volume for certain coins, which is designed to create FOMO (Fear of Missing Out) and drive up prices.

In March, the «meme token factory» launched its own decentralized exchange (DEX) called PumpSwap on Solana, discontinuing its collaboration with Raydium.

In April, the developers of Pump.fun restored streaming access for all users of the platform.

In May, the team introduced a mechanism to reward creators of meme tokens.

It’s worth noting that Blockworks Research suggested a potential weakening of Pump.fun’s dominance among Solana launchpads as new competitors emerge. These newcomers are beginning to experiment with revenue distribution settings, bonding curves, and various other mechanics.

Earlier, CoinGecko identified meme coins as the most significant narrative in the cryptocurrency market for the first quarter of 2025.