Solana-based Memecoin Platform Pump.fun to Launch Native Token PUMP on July 12

Pump.fun, the Solana-based memecoin platform, is set to launch its native utility token, PUMP, on July 12, 2025. This highly anticipated event is poised to have significant implications for the Solana memecoin market.

Pump.fun to Offer 150B Tokens

The token sale is scheduled to commence on July 12 and will last for 72 hours. The platform will offer 150 billion PUMP, which represents 15% of the maximum supply of 1 trillion PUMP tokens. Each token is priced at 0.004 USDT, valuing the project at $4 billion.

PUMP will serve as the utility token across Pumpfun’s expanding ecosystem, including access to giveaways and promotional programs. Although not required to use the platform, PUMP holders can join promotional giveaways and receive participation incentives. This structure aims to support both creators and users while encouraging broader engagement.

Participants may purchase the tokens through Pumpfun’s website or the Gate exchange, where no upper limits apply. The sale will be operated on a first-come, first-served basis. However, a minimum purchase amount will be enforced during the event. Other distribution and trading details will be communicated later via official Pumpfun and Gate channels.

Pump.fun Growing Ecosystem

Since its inception in January 2024, Pump.fun has attracted growing interest due to its ease of use and permissionless launch model. The platform utilizes an automated market maker model that facilitates fair pricing and efficient trading. Each project launched carries no taxes or reserves, ensuring transparency in tokenomics.

Pump.fun simplifies token deployment, allowing virtually anyone to mint and trade a new cryptocurrency with ease and minimal cost. Its innovative approach has generated enormous revenue and ignited a speculative frenzy. Yet, amid its expanding ecosystem, the platform had been embroiled in controversies regarding fraud and regulatory scrutiny. Additionally, Pump.fun is facing competition from emerging platforms like LaunchLab and LetsBONK.fun.

Despite this, the project remains a strong force in the memecoin space. It has generated about $700 million in cumulative revenue since its launch, making it one of the most successful projects in the crypto space. As the day for the token launch draws closer, its success could set a precedent for future developments in the memecoin sector.

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