Pump.Fun, the popular Solana-based meme coin launchpad, is gearing up for a significant crypto token sale event for its native PUMP token, offering a supply of 150 billion tokens at a fixed price of $0.004 per token. The sale is scheduled to kick off on July 12, 2025, at 14:00 UTC, and will be hosted across six major centralized exchanges: Kraken, MEXC, Bybit, Bitget, Gate.io, and KuCoin. The offering is slated to conclude by July 15 or when the entire allocation is sold out, aiming for a potential fundraising cap of $600 million.
To participate in the PUMP token launch, prospective buyers must complete Know Your Customer (KYC) verification on the respective exchange platforms. Payment options will include USDT, USDC, SOL, and other supported cryptocurrencies. Pump.Fun has explicitly stated that citizens from the U.S., U.K., and other restricted regions are excluded from participation due to regulatory considerations. A notable feature of this token launch, setting it apart from many crypto token sales with vesting periods, is that all purchased PUMP tokens will be liquid and tradable approximately 48 hours after the sale concludes.
Pump.Fun, which launched in January 2024, has rapidly become a dominant force in the meme coin space, boasting over 11 million meme coin deployments on the Solana blockchain. The platform enables fast and permissionless token creation, charging a fee for each token listing and liquidity pool established through its web-based interface.
The upcoming PUMP token sale marks the introduction of the platform's first native asset. According to the project's whitepaper, the PUMP token is designed to play a central role in incentivizing user activity, supporting liquidity systems, and funding future product development. Planned features include social trading tools and creator-focused reward systems, all powered by the PUMP token's utility.
PUMP Tokenomics at a Glance:
The PUMP token has a total supply of 1 trillion tokens on Solana. Of this, 15% (150 billion tokens) is allocated for the public sale. An additional 18% (180 billion tokens) has already been sold in a private sale. The remaining supply is distributed as follows: 24% for community and ecosystem growth, 20% to the Pump.Fun team, 13% to early backers, 2.4% to an ecosystem fund, and 2% to the foundation. This structure implies a fully diluted valuation of $4 billion at the sale price.
ICO Branding vs. IEO Mechanics:
Despite Pump.Fun repeatedly referring to the event as an "Initial Coin Offering (ICO)," its operational structure closely mirrors that of a multi-platform "Initial Exchange Offering (IEO)." Participants will subscribe through centralized exchanges, utilizing verified accounts and exchange wallets, rather than directly interacting with Pump.Fun's smart contracts for fundraising. Under the IEO model, exchanges typically conduct due diligence on the project, manage the sale, and list the token soon after. This setup generally offers a layer of compliance and reduced investor risk compared to traditional ICOs. Pump.Fun's choice of "ICO" branding appears to be a strategic marketing decision, perhaps aiming to convey platform independence despite its reliance on exchange infrastructure for fundraising and distribution.
With a substantial $600 million fundraising target and the involvement of multiple top-tier exchanges, the PUMP token sale stands out in scale and execution within the current crypto landscape. The unusual branding choice, coupled with the immediate liquidity of tokens post-sale, positions this launch as a significant event that could further propel meme coins into a new phase of tokenized engagement on the Solana blockchain.
July 2025, Cryptoniteuae