Pump.fun, a well-known meme coin generator, has been making some serious strides in the cryptocurrency market. The organization recently made headlines through its remarkable ability to raise
$600 million in a
12 minute ICO. This remarkable demonstration of investor confidence has risen its fully diluted valuation to
$4 billion. The token sale not only sparked interest in the meme coin market but also triggered a wave of trading activity ahead of its launch. Despite the successful ICO, the
PUMP token price dropped following the launch, causing traders to shift towards alternatives like the Snorter token. The record-breaking sale has received mixed reactions, with some praising the robust market response and others criticizing the high valuation of the offering. Setting aside Pump.fun, the market is seeing a rise in other meme tokens like Dogecoin and the new Trump and Melania meme coins.
FUN Token, another popular coin, is predicted to reach
$1. Despite the huge funding amassed by Pump.fun, the
BONK token resisted the PUMP ICO hype and reached a 6-month peak. This shift in price can be attributed to the surge in demand driven by the Bonk.fun platform. Pump.fun's operations are not without controversy, as US and UK buyers were excluded from its $600M token sale. Nonetheless, all these developments signify a potent surge in demand for Meme coins.
FUN Coin News Analytics from Wed, 14 May 2025 19:28:39 GMT to Wed, 16 Jul 2025 15:28:53 GMT -
Rating -4
- Innovation -5
- Information 7
- Rumor -2
