Pump.fun, the Solana-based memecoin launchpad, has announced its first acquisition: Kolscan, a popular wallet tracking tool. This strategic move, revealed on Thursday, is set to significantly enhance Pump.fun's offerings, particularly in the realm of social trading, and comes just days before the highly anticipated public token sale of its native $PUMP token.
The integration of Kolscan's robust analytics with Pump.fun's existing social trading tools is expected to "change the entire on-chain trading landscape." According to Pump.fun, this synergy will foster greater transparency, improve copy-trading functionalities, and boost wallet tracking capabilities within its memecoin launchpad ecosystem.
Alon Cohen, co-founder of Pump.fun, emphasized that this acquisition aligns with the platform's core philosophy that on-chain trading is a "social sport." He elaborated that success in this space often hinges on the collective involvement and conviction of participants, making social insights and gamified trading experiences crucial for ecosystem growth.
As part of the integration, all Kolscan services, which had already attracted "tens of thousands" of users, will now be offered free of charge. Cohen stated that Pump.fun aims to integrate Kolscan's products as a foundational element in its broader vision to develop a crypto social media platform capable of scaling to billions of users.
The acquisition precedes Pump.fun's much-anticipated Initial Coin Offering (ICO) for its $PUMP token, scheduled for July 12. The company aims to raise a substantial $600 million from this sale, which represents 15% of the token's total supply. The overall tokenomics indicate that 33% of the total 1 trillion $PUMP token supply will be available through the ICO, with retail investors specifically having access to 15% of that supply at a price of $0.004 per token.
In a significant development for the token's upcoming launch, Coinbase has already enabled $PUMP pre-market trading. This allows eligible traders on Coinbase International and Advanced platforms (outside the US, UK, and Canada) to engage in perpetual futures on the unlaunched token before its official spot listing. This pre-market activity offers an early gauge of market interest and liquidity for the $PUMP token.
July 2025, Cryptoniteuae