Key Takeaways
- Pump.Fun aims to raise $1.32 billion by selling 33% of its total PUMP token supply. The E.U. is barred from participating in the public token sale due to regulatory restrictions.
Pump.Fun’s much-awaited public PUMP token sale will happen on the 12th of July.
According to the official statement, the 150 billion PUMP tokens sale will run for 72 hours across Pump.Fun and six centralized exchanges.
Bybit, Kraken,Bitget, MEXC, Kucoin and Gate will allow their verified users to participate in the event.
PUMP tokenomics explained
Per its tokenomics, PUMP will be a utility token across the Pump.Fun ecosystem.
There will be 1 trillion PUMP tokens, with a large chunk, 33% up for sale during the upcoming initial coin offering (ICO) scheduled for the weekend.
Source: PumpFun/X
After the ICO, the second and third-largest supply will go to the community (24%) and team (20%).
Meanwhile, existing investors will get 13% of the supply. The rest will get shares as follows: Foundation at 2%, liquidity on exchanges at 2.6%, ecosystem fund at 2.4% and finally, live-streaming will get 3%.
That said, the upcoming public sale (15% of supply) aims to raise $600 million for a $4 billion valuation, with the token price set at $0.004. This confirmed speculation seen earlier in the week.
However, a private sale of 18% supply at the same price had already happened. This would bring the total token (33%) sale to $1.32 billion.
Source: PumpFun/X
For his part, Alon Cohen, Founder of Pump.Fun, noted that the move would help the team merge crypto and social media (livestreaming platform).
“$PUMP will fuel our domination of crypto and social media”
What’s more..
Overall, about 50% of the supply will be unlocked in July. This will increase to 70% supply in mid-2026 when the team and existing investors begin unlocking their tokens.
While early Pump.Fun users were rumored to receive airdrops; no official details had been confirmed at the time of reporting.
The lack of clarity on airdrop prompted some to slam the project for sidelining early adopters, calling the ICO a ‘great extraction.’
In the meantime, Bybit stated that E.U. customers are prohibited from participating in the ICO, citing regulatory restrictions.
PumpF.un’s memecoin launchpad has been a great success. It has raked in over $694 million in cumulative revenues and is diversifying into PumpSwap and other areas.
However, it remains to be seen how it will survive and iterate amid stiff competition from Bonk.Fun and others.
