Pump.fun’s DIY Memecoin Madness: $600M Raised in Just 12 Minutes
Move over, Wall Street—Pump.fun just turned meme economics into a high-speed art form. The no-code memecoin platform pulled off a $600 million lightning round, proving once again that crypto moves faster than your 401(k) can crash.
How It Worked: Zero to $600M in Under a Quarter Hour
The platform’s token launch mechanism—built for speed, not scrutiny—let creators spin up memecoins faster than you can say 'rug pull.' No VC meetings, no whitepapers—just pure, unfiltered degen momentum.
The Aftermath: A New Benchmark for Crypto Velocity
Pump.fun didn’t just break records; it atomized them. Traditional finance takes weeks to move this kind of capital. Crypto? Twelve minutes. The only thing faster was the inevitable Twitter meltdown from 'serious' investors.
One cynical footnote: At least the SEC can’t blame this one on Bitcoin ETFs.