Pump.fun Plans $1 Billion Token Sale with $4 Billion Valuation

The “meme token factory” Pump.fun intends to raise $1 billion through the sale of PUMP tokens to both public and private investors, according to sources cited by Blockworks.

The asset’s price will be set based on a $4 billion valuation of the platform.

The token sale could occur within two weeks, with an airdrop reportedly planned.

BREAKING: @pumpdotfun launching $PUMP token in next 2 weeks.

— Airdrop for users confirmed as well

It’s finally coming.

— nextfuckingthing (@nextfckingthing) June 3, 2025

According to Dune Analytics, the launchpad has earned $622 million in fees since its inception. A total of 19.45 million registered addresses have issued nearly 10.7 million tokens.

Peak activity occurred in November 2024 and January 2025.

Research indicates that a “bot army” on Pump.fun accounts for 60-80% of trading volume in certain coins, creating FOMO and driving up prices.

In March, the “meme token factory” launched its own DEX, PumpSwap, on Solana, moving away from Raydium.

In April, Pump.fun developers restored streaming access for all platform users.

In May, the team introduced a reward mechanism for meme token creators.

Blockworks Research suggested that Pump.fun’s dominance among Solana launchpads might weaken as new players experiment with revenue distribution settings, “bonding curves,” and other mechanisms.

Earlier, CoinGecko identified meme coins as the most popular narrative of the first quarter of 2025.