Pump.fun Aims for Crypto’s Big Leagues With $1B Token Sale at Jaw-Dropping $4B Valuation
Memecoin launchpad Pump.fun is gunning for the majors—backed by anonymous sources, the platform plans to drop a $1 billion token sale at a fully diluted valuation of $4 billion.
Who needs profitability when you’ve got vibes? The move signals either extreme confidence or a masterclass in ’number go up’ theater—take your pick.
If successful, this would catapult Pump.fun into the upper echelon of crypto projects. Just don’t ask about utility.
Source: Blockworks Research
Users on the platform have minted nearly 11 million new tokens with a current cumulative market cap of roughly $4.5 billion.
As competition heats up among token launchpads, pump.fun has made some updates to its Core business — most notably when it launched an AMM that ended its unofficial partnership with Raydium.
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Pump.fun also recently launched a mobile app and re-released a live streaming feature it had temporarily suspended after content moderation complaints late last year.
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