PUMP Token Set for Initial Coin Offering on July 12, Announces Pump.fun

Pump.fun to Launch PUMP Token ICO on July 12 as Part of Decentralized Social Media Vision

Pump.fun, the fast-growing Solana-based platform fueling viral meme coin launches, is gearing up to release its native PUMP token through an Initial Coin Offering (ICO) on Saturday, July 12. The launch aligns with Pump.fun’s broader ambition to create a decentralized alternative to traditional social media platforms like Facebook, TikTok, and Twitch—where users can monetize attention rather than merely chasing likes and views.

Details of the PUMP Token ICO

Total Supply: 1 trillion PUMP tokens
ICO Allocation: 33% of total supply
- Private Sale: 18% already sold
- Public Sale: 15% available on July 12
Token Price: $0.004 for both private and public rounds
Unlock: All tokens distributed in the ICO will be fully unlocked at launch

The remaining token allocation includes:

24% for community and ecosystem growth
20% for the core team
13% reserved for investors
2.6% set aside for liquidity
Additional tokens designated for a foundation fund, live streaming incentives, and a 2.4% ecosystem fund

Participation and Compliance

To join the public sale, participants must complete Know Your Customer (KYC) verification through Pump.fun or via partner exchanges like Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate. However, due to regulatory constraints, U.S. users are excluded from the ICO.

Rapid Growth and Market Impact

Pump.fun reports it reached revenue milestones of $100 million, $300 million, and $500 million faster than any other company, fueled by its innovative model for launching meme coins tied to viral trends. The platform earns revenue from each token launch and transaction activity, positioning itself as a major force in Solana’s ongoing meme coin boom since early 2024.