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Popular Solana meme coin launchpad – Pump.fun – could be launching its own token soon.  Blockworks broke the news a couple of hours ago, citing two sources with knowledge of the matter. In the report, it was revealed that the Pump.fun token will be sold to both public and private investors, with the goal of raising $1 billion.  The exact date in which the token will go live was not included in Blockworks’ report. However, cues from X suggest it could be happening in the next two weeks.  So far, community reactions to the announcement have been mixed – some are a bit skeptical, while many others are increasingly optimistic that the move could reignite the Solana ecosystem’s bullish frenzy.  Pump Fun announced $1B token presale at $4B FDV. Lots of controversy on the timeline right now about it. When it’s launched will you be buying? — Ctrl Wallet ✜ (@Ctrl_Wallet) June 3, 2025 Is the upcoming Pump.fun token the next best presale to watch? Pump.fun Prepares to Launch a $1 Billion Token Sale At $4B FDV, Community Reacts Pump.fun is currently trending on X following reports that it will be launching a $1 billion token sale at $4B FDV.  For those unfamiliar, Pump.fun is the launchpad that basically popularized meme coins over the past year. It allows anyone – regardless of their technical level – to spin up their own tokens on Solana with just a button.  Since its debut in 2024, not less than 11 million tokens – currently boasting a cumulative market cap above $4.5 billion – have been minted on Pump.fun, elevating the market position of Solana as a hub for meme coins.  More so, according to on-chain data, the launchpad has generated over $700 million in overall revenue.  However, in spite of its widespread adoption,…

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Filed under: News - @ June 4, 2025 1:30 am