Pump.fun Plans $1 Billion Token Sale at $4 Billion Valuation, Sources Reveal

The «Meme Token Factory» Pump.fun is aiming to raise $1 billion through the sale of its PUMP token to both public and private investors, as reported by Blockworks citing informed sources.

The token’s price will be determined based on a platform valuation of $4 billion.

The token sale could take place within the next two weeks, with airdrops likely being part of the plan, as suggested by sources.

According to Dune Analytics, the launchpad has generated $622 million in fees since its inception, with 19.45 million registered addresses minting nearly 10.7 million tokens.

The peak of activity occurred in November 2024 and January 2025.

Research indicates that a «bot army» on Pump.fun accounts for 60-80% of the trading volume for certain cryptocurrencies, creating a sense of FOMO and driving up prices.

In March, the «Meme Token Factory» launched its own DEX named PumpSwap on Solana, discontinuing its partnership with Raydium.

In April, the developers of Pump.fun restored streaming access for all users of the platform.

In May, the team introduced a rewards mechanism for creators of meme tokens.

Previously, analysts at Blockworks Research speculated that Pump.fun might lose its dominance among Solana launchpads as new competitors emerge, experimenting with revenue-sharing models, binding curves, and other mechanisms.

Earlier this year, CoinGecko identified meme coins as the most popular narrative in the cryptocurrency market for the first quarter of 2025.