Pump.fun’s PUMP Token Sells Out in Just 12 Minutes, Raises $600M

• PUMP token public sale ended in 12 minutes, raising $600 million.
• Token unlock expected within 48 to 72 hours.
• Pump.fun’s fully diluted valuation stands at $4 billion.

The public sale for Pump.fun’s PUMP token ended today, July 12, after reaching full capacity within 12 minutes. The project raised $600 million through the sale of 150 billion tokens at a fixed price of $0.004 each. Pump.fun confirmed the completion via an official post on X, noting that the sale concluded shortly after launching at 14:00 UTC.

The PUMP token sale opened across several exchanges and launchpads, including Bitget and KuCoin. Buyers from the United States and United Kingdom were excluded due to regulatory restrictions. Despite the access limitations, demand for the tokens surpassed available supply, leading to a swift sellout before the scheduled end date of July 15.

Token Unlock to Follow Within Days

According to the token release timeline, users who participated in the sale can expect their tokens to unlock within the next 48 to 72 hours. Major platforms involved in the offering have published instructions for accessing and claiming the purchased tokens once distri…

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