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On July 12, 2025, the memecoin launch and trading platform on Solana, pump.fun, will officially kick off its public token sale (ICO) for the native token PUMP, expected to last until July 15, 2025. This highly anticipated move marks an important milestone for the project following earlier rumors.
According to the announcement, pump.fun will release 150 billion PUMP, equivalent to 15% of the total supply, at a fixed price of $0.004/PUMP. This public sale is projected to raise a maximum of $600 million, bringing the fully diluted valuation (FDV) of the project to $4 billion. Previously, pump.fun was said to be targeting $1 billion from this event. Combined with the 18% of tokens sold through private sales to investment funds, the project could raise a total of $1.3 billion.
The total supply of PUMP tokens is 1 trillion, distributed as follows:
- 33% for ICO (18% private sale, 15% public sale).
- 24% for community programs and ecosystem development.
- 20% for the founding team and employees.
- 13% allocated to early investors.
- The remaining 10% for the ecosystem fund (2.4%), foundation (2%), livestreaming (3%), liquidity, and exchanges (2.6%).
Notably, all tokens sold in the ICO will be unlocked from day one, with no vesting period applied. The initial circulating supply is estimated to account for 55% of the total supply. Meanwhile, the tokens allocated for the community and ecosystem will be gradually unlocked over time, while early investor and founding team tokens will be locked for one year before gradually unlocking.
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The PUMP public sale will take place on major exchanges such as Bybit, Kraken, KuCoin, Bitget, Gate, and MEXC, supporting payments in USDT, USDC, SOL, and bbSOL. The sale will run from 9:00 PM on July 12, 2025, to 9:00 PM on July 15, 2025 (Vietnam time), or until the 150 billion tokens are sold out. Users need to complete KYC verification on the exchanges to participate.
After the sale concludes, PUMP tokens will be transferred to buyers’ wallets, initially non-transferable, and are expected to be tradable after 48-72 hours. This event promises to attract significant attention from the cryptocurrency community, especially from investors interested in the Solana ecosystem and memecoins.
