Pump.fun Pushes Token Sale to Mid-July – Strategic Delay or Missed Opportunity?
Memecoin launchpad Pump.fun hits pause on its hotly anticipated token sale—just as the market starts sweating over summer doldrums.
The delay sparks questions: Is this a tactical retreat or a sign of trouble behind the scenes?
Meanwhile, degens twiddle thumbs while liquidity providers count opportunity costs—because nothing says 'bullish' like watching gas fees evaporate during peak trading hours.
PUMP tokens break out to a higher price in pre-market trading
Even the delayed official launch has not stopped speculations about PUMP. In pre-market trading, PUMP accrued only $12K in open interest, reaching $5.85 on low-liquidity speculation. The market rallied to a peak above $7, suggesting Pump.fun may have a chance at reaching a fully diluted value of over $6B.
The Aevo pre-market trading remains only an indicator of general interest while increasing the exposure of PUMP.
The expected notional value for the PUMP sale is aimed at $4B in total valuation, or around $4 per token. There are expectations that PUMP may be undervalued at that price, since the platform rivaled markets like Hyperliquid based on monthly fees. PUMP may reflect the market’s performance if the token does not fall due to immediate selling pressure.
Additionally, there are multiple meme tokens trying to claim the ticker, including a very early meme launched in the first days of Pump.fun. There is currently no on-chain evidence for an official token and no hints that an already existing asset WOULD be adopted as official.
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