BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Pump.fun’s PUMP Token ICO Raises $600 Million in 12 Minutes Despite Regulatory Restrictions
Pump.fun’s PUMP Token ICO Raises $600 Million in 12 Minutes Despite Regulatory Restrictions
20
3
BTCCSquare news:
Pump.fun has concluded its record-breaking ICO for the PUMP token, amassing $600 million in just 12 minutes. The sale of 150 billion tokens—15% of total supply—at $0.004 per token defied early skepticism about the presale's viability. US and UK investors were barred from participating due to KYC restrictions, yet demand overwhelmed supply.
The protocol confirmed tokens will be distributed within 48-72 hours, with trading enabled post-distribution. Pump.fun issued warnings about copycat tokens capitalizing on the hype, underscoring the need for investor vigilance in the volatile meme coin sector.
By:
Previous
Piggy Bank Daily Combo Prompts Reward Claims for 13 July 2025
Next
Crypto VC Funding Highlights: H100 Group and Agora Finance Lead $165M Weekly Investment Surge
