Pump.fun Guns for $1B in Token Sale—At a Whopping $4B Valuation
Memecoin launchpad Pump.fun is shooting for the stars—or at least a nine-figure payday. The platform aims to raise $1 billion in its upcoming token sale, sources tell Blockworks, with its parent company eyeing a $4 billion valuation.
If successful, the deal would cement Pump.fun’s status as a heavyweight in the speculative casino of crypto launches. The platform—known for its no-code meme token factory—has already birthed countless ‘utility-free’ assets. Now it’s turning that same magic on itself.
Just don’t ask about revenue multiples. In crypto-land, ‘valuation’ is just a number you whisper to VCs before the music stops.