A July 14, 2025, Yellow News article reports that Pump.fun, a Solana-based memecoin launchpad, raised $500 million in a mere 12 minutes by selling 125 billion PUMP tokens at $0.004 each, achieving a $4 billion fully diluted valuation. Through Pump.fun’s website, $448.5 million was bought through the sale, which took place across exchanges like Bybit, KuCoin, and Kraken.
Kraken and KuCoin processed $30 million and $16.5 million, respectively. According to Yellow News, pre-market trading on Hyperliquid reached $0.006989, a 75% premium, indicating a strong positive mood. X posts from @legend_calls echo this enthusiasm, citing PUMP’s potential to drive massive market attention.
According to Yellow News, the PUMP token sale provided 12.5% of the 1 trillion overall supply, which was less than the 33% that was first hinted at. Tokens are locked for 48–72 hours post-sale to ensure orderly distribution, with trading expected to start July 14 for U.S. and U.K. users, despite earlier restrictions, per Decrypt.
Pump.fun’s model simplifies token creation with a bonding curve, automatically listing tokens on Raydium or PumpSwap at a $69,000 market cap, per CoinGecko. However, X posts from @defi_mochi highlight a revenue drop from $7 million to $1 million daily, raising concerns about sustainability amidst competition from LetsBONK, per bitcoinethereumnews.com.
The sale’s speed underscores Solana’s memecoin appeal, with PUMP’s $4 billion valuation rivaling top tokens, per CoinDesk. A Hyperliquid trader’s $8 million short position, now down $800,000, reflects bearish bets against the hype, per Yellow News. Community reactions on X, like @0xSweep’s critique of the reduced 12.5% allocation, reveal frustration over access issues and perceived inequities.
SEC scrutiny of Solana ETFs, per CoinCentral, and past Pump.fun controversies, including a $2 million hack, per Decrypt, add regulatory and security risks. Traders should monitor PUMP’s $0.006–$0.008 range via CoinGecko for price discovery signals.
PUMP’s rapid sellout positions Pump.fun as a memecoin powerhouse, potentially driving Solana’s ecosystem growth with planned revenue-sharing and a $10 million airdrop, per ainvest.com. However, volatility risks loom due to the 20% team and 13% investor allocations, per ainvest.com, and declining platform revenue.
Investors should watch PUMP’s $0.006 support and $0.0085 liquidation level, track trading volumes on KuCoin, and diversify to mitigate SEC or market correction risks. Long-term success depends on execution and community trust, even though PUMP may rise toward $0.01 if the buzz continues, according to BeInCrypto.
