Pump.Fun Presale Sells Out With $600M In Buys
The post Pump.Fun Presale Sells Out With $600M In Buys appeared on BitcoinEthereumNews.com.
In an impressive show of demand, Pump.fun’s PUMP token public sale sold out in under 12 minutes, pulling in more than $600 million. Across crypto circles, this event is now being seen as a possible signal that interest in meme coins has not just persisted but may be building strength again. Unlike past rallies that came and went, this sale points to continued hunger for tokens that bring a mix of entertainment, community, and increasingly, useful features. Many are now asking if we are at the edge of a new phase where meme coins are not just jokes but serious players in crypto portfolios. How Pump.fun’s Launch Captured Global Attention From the start, Pump.fun attracted attention as a Solana-based platform focused on enabling users to launch their own tokens with ease. The ICO structure was ambitious, offering one trillion total tokens with 15% set aside for public sale and the rest divided among the team, investors, and ecosystem reserves. The public sale alone saw $500 million raised during the presale, with another $100 million completed in the open sale. PumpFun ( $PUMP ) just became the 3rd largest ICO in history. Here’s everything we know from the on-chain numbers: In 12 minutes,$448.5M worth of PUMP was sold.10,145 wallets participated,out of 23,959 who KYC’d on the website. (a 42.3% buy rate). Average buy $44K per… pic.twitter.com/L7xcg9cViG — Adam (@Adam_Tehc) July 12, 2025 What made this event stand out was not just the numbers but the excitement it generated, despite facing some early challenges like the sudden delisting from a major exchange’s pre-market. Even so, demand remained strong, with tokens trading up to 40% above ICO price on Hyperliquid before official distribution began. This launch has sparked discussion about whether we are entering a phase where meme coins with practical utility like…
Filed under: News - @ July 14, 2025 12:21 am