July 12 ICO Date Confirmed for PUMP Token by Pump.fun

Pump.fun Plans PUMP Token ICO for July 12, Targeting Decentralized Social Media Revolution

Pump.fun, the Solana-based platform driving the explosion of viral meme coins, is preparing to launch its own native token, PUMP, through an Initial Coin Offering (ICO) scheduled for Saturday, July 12. The move marks a significant step in Pump.fun’s ambition to build a decentralized alternative to mainstream social media platforms like Facebook, TikTok, and Twitch—a network where user attention can be directly monetized instead of merely converted into likes or views.

PUMP Token ICO Breakdown

• Total Supply: 1 trillion PUMP tokens
• ICO Allocation: 33% of total supply
  • Private Sale: 18% already sold
  • Public Sale: 15% launching on July 12
• Token Price: $0.004 for both private and public rounds
• Unlock Status: All tokens sold in the ICO will be fully unlocked from day one

Other planned allocations include:

• 24% for ecosystem and community initiatives
• 20% for the Pump.fun team
• 13% reserved for investors
• 2.6% dedicated to liquidity
• Additional reserves earmarked for a foundation fund, live streaming incentives, and a 2.4% ecosystem fund

Participation and Restrictions

Investors interested in the public sale must complete Know Your Customer (KYC) checks through Pump.fun directly or through partner exchanges like Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate. However, U.S. investors will be excluded from participating due to regulatory considerations.

Rapid Growth Trajectory

Pump.fun has touted record-breaking growth, claiming it reached $100 million, $300 million, and $500 million in revenue milestones faster than any company in history. Its popularity has been fueled by a business model focused on launching meme coins tied to viral trends and earning revenue from token creation fees and trading volumes. This approach has cemented Pump.fun’s role at the heart of Solana’s booming meme coin ecosystem since early 2024.