TechFlow news, on June 7, according to The Block, Pump.fun is planning to raise $1 billion through an initial coin offering (ICO), with a potential valuation reaching $4 billion, and will share protocol revenue with PUMP token holders. According to sources, the Solana-based meme coin platform plans to allocate 25% of tokens for public sale and 10% for airdrops, with a maximum total supply capped at 1 trillion tokens.
The private sale price is set at $0.004 per token, with the public sale expected to launch within two weeks, including listings on exchanges such as Binance. Since its launch in early 2024, Pump.fun has generated approximately $677 million in cumulative revenue, currently earning around $1 million daily, making it one of the most profitable ventures in the crypto space.
