July 12, 2025

Solana’s Pump.fun Nets $500M as PUMP Token ICO Sells out in 12 Minutes

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Pump.fun’s public token sale for its PUMP cryptocurrency raised $500 million after selling out rapidly in roughly 12 minutes. PUMP Token Sale Sells out, Raising $500 Million for Platform Expansion The initial coin offering (ICO) — a crowdfunding method for new digital tokens — launched July 12 at 2 p.m. UTC. Pump.fun, a leading meme

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Source: Bitcoin.com

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