Popular Solana-based meme coin platform Pump.fun is preparing for a major public sale for its native asset, the PUMP token. The sale, which is set to begin on July 12, will feature 150 billion PUMP tokens, equivalent to 15% of the total supply, being offered to investors.
Each PUMP token will be offered for sale at a price tag of 0.04 USDT. The sales model will be “first come, first served”. In other words, only a minimum investment amount will be required for participants, with no upper limit set.
$4 billion valuation expected
Pump.fun is expected to raise around $600 million from the token sale. This figure coincides with the project’s previously announced $4 billion valuation target. The platform’s development team is also planning a revenue sharing mechanism specific to the PUMP token. Pump.fun representatives have yet to make a public statement on the matter. However, the news quickly spread in the crypto community after it was announced on social media by user @zoomerfied on X (formerly Twitter).
The most successful “meme coin factory” on Solana
Pump.fun has become one of the most active and effective meme coin production platforms on Solana since it was launched in early 2024. The system, which allows users to create their own tokens free of charge and effortlessly, has enabled the release of millions of tokens in a short time. While it is stated that the platform earned $ 7 million per day on January 23, 2025, when it peaked, it is stated that the current figures are still around $ 1 million per day. Pump.fun, which has earned a total income of over $ 700 million, stands out as one of the most successful projects in the crypto sector in this respect.
Thanks to the zero reserve, zero tax and open price curve model offered by the platform, it provides great convenience for individual creators who want to step into the world of meme coins. This approach both increases accessibility and paves the way for fair competition in the market.
Gate.io page suddenly removed
In the meantime, there was an interesting development regarding the subject. Pump.fun’s PUMP token sale was announced on Gate.io, but the sale page was recently quietly removed, replaced with a “404 – Page Not Found” warning. Gate.io support team stated that this was the result of discussions with the project and that it is not yet clear whether the page will be reopened. However, it seems that the plans for the sale are still in place.
All eyes are now on July 12.
