Pump.fun is preparing to launch
PUMP Token via ICO scheduled for July 12, focusing on European-based users. This move is a critical turn in the meme coin trajectory as Pump.fun attempts to seize a significant share of the meme coin launchpad market. However, competitors like
LetsBonk and
BONK are not making it easy. Despite Pump.fun's early dominance and a $600M token launch anticipation, LetsBonk quickly overtook them in terms of market cap and volume, hitting $199M in daily volume. Speculation arose when
Gate.io suddenly removed Pump.fun's token sale page worth $600 million, raising doubts about the token launch. Moreover, Pump.fun's dominance in memecoin generation was also challenged by rival projects, contributing to its diminishing market share. The attention shifted towards
BONK, which started turning significant profits despite sell-offs. Amidst this
meme coin war,
Fun Coin experienced a significant surge, increasing by 16.84%. However, Pump.fun faced a setback as the token launch notice vanished from Gate.io, casting further doubts about its future actions. This setback didn't halt the anticipation of Pump.fun's proposed $1B token sale on
Solana blockchain, expected to revolutionize the meme coin ecosystem. Despite uncertainties and challenges, Pump.fun remains a significant player in the evolving meme coin market.
FUN Coin News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Wed, 09 Jul 2025 15:30:00 GMT -
Rating 6
- Innovation -4
- Information 3
- Rumor -7
