Pump.fun secures $500M in public sale; PUMP token jumps in pre-market trading
Crypto BriefingSaturday, July 12, 2025 at 3:04:03 PM
Pump.fun, a platform known for meme coins, just pulled off a massive $500 million public sale of its PUMP token—and demand was so hot that the tokens sold out fast. Even before hitting major exchanges, PUMP’s price is already climbing, suggesting investors are betting big on its potential. This could signal renewed excitement around meme coins, which are often seen as risky but high-reward plays in crypto.
Editor’s Note: Meme coins have been a rollercoaster—some flame out, others (like Dogecoin) become cult hits. Pump.fun’s huge raise and early price bump show that, despite the volatility, there’s still serious money chasing these tokens. For crypto watchers, it’s a sign that speculative hype isn’t dead, and for traders, it’s either a FOMO warning or a chance to ride the wave. Either way, it’s a loud moment for a corner of crypto that never plays by the rules.
— Curated via WP Now’s
