Pump.Fun Doubles in Price, Igniting Mine-to-Earn Revolution with PepeNode
Another day, another crypto moonshot—but this one's actually sticking.
The Pump.Fun Phenomenon
Pump.Fun just doubled its market value overnight, proving once again that meme coins move faster than traditional finance can say 'regulatory framework.' The surge creates perfect conditions for PepeNode's mine-to-earn model to capture retail attention.
Mining Meets Memes
PepeNode's approach bypasses traditional mining complexities—letting users earn through simplified staking mechanisms while maintaining that sweet, sweet crypto volatility everyone secretly loves. Because who needs stable returns when you can have adrenaline?
The Retail Frenzy Factor
As institutional investors cautiously analyze fundamentals, retail traders are diving headfirst into the mine-to-earn gold rush—proving once again that in crypto, fundamentals are whatever the crowd says they are today.
Another brilliant financial innovation—or just the latest way to separate optimistic newcomers from their savings? The market's already voting with its wallet.
Anchor portion, IPO, price band
Earlier, the company had raised ₹35 crore from anchor investors, including Nomura Singapore, HDFC Bank, Viney Growth Fund, Steptrade Revolution Fund, Santosh Industries and Swyom India Alpha Fund.
The issue comprised a fresh issue of 86.40 lakh shares and an offer for sale (OFS) of 9.6 lakh shares by the promoters, and was was offered at a price band of ₹115–₹121 per share.
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GYR Capital Advisors is the sole book-running lead manager for the IPO.
Use of proceeds
Proceeds from the fresh issue will be used to repay certain borrowings, fund working capital requirements and general corporate purposes.
Brokerage view
Brokerages suggest a long-term investment approach, considering the company’s strong market position and growth trajectory. Anand Rathi, recommending a subscribe for long-term rating, highlighted that the company is among the largest exporters of non-OEM construction equipment, with an international presence in the UAE and USA through its subsidiaries
Published on September 29, 2025
