In a bold move just before its public token launch, memecoin platform Pump.fun has officially acquired Kolscan—a powerful blockchain wallet tracking tool—to strengthen its analytics and social trading capabilities ahead of the highly anticipated $600 million ICO on July 12.
Expanding the Ecosystem Before the Big Launch
This morning, Pump.fun—a Solana-based memecoin launchpad—confirmed the strategic acquisition of Kolscan through a post on X. According to the platform, this move, deemed the first of its kind, will “transform the entire on-chain trading landscape,” while reinforcing Pump.fun’s position as a top-tier memecoin launchpad.
The announcement comes just one day before the scheduled public ICO. On July 9, Pump.fun had already teased the upcoming token sale, stating its ambition to “kill Facebook, TikTok, and Twitch.”
The integration of Kolscan not only improves transparency but also enhances copy-trading and wallet tracking features, delivering a more robust user experience. By combining Kolscan’s analytics with existing social trading tools, Pump.fun aims to build more innovative and powerful products.
Co-founder Alon Cohen stated:
“We believe that products offering social insights and gamified trading experiences are key to growing our ecosystem. More importantly, the success of the projects you invest in often depends on who is involved, when they got in, and how strong their conviction is.”
A noteworthy point is that, following the acquisition, Kolscan’s services will be made completely free for users. Even prior to the acquisition, Kolscan had already attracted tens of thousands of users with its effective tracking and analysis features. Cohen affirmed:
“We’re excited to integrate Kolscan as a core part of our mission to build a crypto-native social media platform that can scale to billions of users.”
Countdown to the $600 Million ICO
Pump.fun is now gearing up for one of the largest ICOs of the year, aiming to raise $1.32 billion through the sale of 330 billion PUMP tokens (33% of the total 1 trillion supply), priced at $0.004 per token.
Leaks from exchanges such as Gate.io and Bitget have further fueled anticipation. Interestingly, Bybit had unexpectedly published—then quickly removed—details of Pump.fun’s $600 million token sale.
