🚀 PUMP Explodes Onto Scene: $5.6B FDV Debut, Racks Up $34M Volume in Just 3 Hours

Another day, another crypto project launching with a valuation that'd make a Fortune 500 CEO blush. PUMP isn't just entering the market—it's kicking down the door.

The numbers don't lie (this time)

$34 million changed hands before most traders finished their morning coffee. That kind of volume would be respectable for a mid-cap token's weekly performance—PUMP did it before lunch.

FDV: Fantasy or foresight?

The $5.6 billion fully diluted valuation raises eyebrows even in a bull market. Either we're witnessing the birth of the next blue-chip DeFi primitive... or another masterclass in hype cycling. Place your bets.

One thing's certain: in crypto, nobody rings a bell at the top—but everyone hears the cha-ching of a hot new listing.

Record-setting sale fills war chest

The token’s debut followed a 12-minute public sale on July 12 that raised $500 million and distributed 125 billion PUMP.

The sale-priced tokens at $0.004 were exhausted on Pump.fun’s website and four centralized exchanges, marking one of the fastest capital raises in ICO history.

On-chain dashboards compiled by Dune show that 23,959 wallets have completed the mandatory Know Your Customer procedures, but only 42.3% have secured tokens. 

The average spend reached $44,209, while the median landed NEAR $550, illustrating a skew toward whale participation, even as small holders dominated numerically. Exactly 202 wallets hit the $1 million hard cap, while 5,758 spent less than $1,000.

Pump.fun’sassigns 33% of supply to the ICO, 24% to community and ecosystem initiatives, 20% to the founding team, 13% to existing investors, 3% to a livestreaming budget, 2.6% to liquidity and exchange incentives, 2.4% to an ecosystem fund, and 2% to a nonprofit foundation. 

Furthermore, website analytics indicate that 76% of the tokens were sold through Pump.fun’s portal, with the balance handled by partner exchanges. The team said this approach strengthens direct ties to users and limits middleman influence. 

Developers required identity checks for all participants and excluded residents from the US and UK, positioning the raise as a “compliant” alternative to earlier memecoin launches, according to statements posted on social media by Dune contributor Adam Tehc.