Pump.fun raised approximately $500 million in a mere 12 minutes during its token offering, which involved the sale of 125 billion tokens priced at $0.004 each. This swift fundraising established a fully diluted valuation of $4 billion for the new utility token linked to the Solana-based memecoin launcher. After purchasing, tokens will be distributed to investors' wallets within 48–72 hours but will remain locked and inaccessible until distribution is complete. The project highlighted the official Solana contract address to assist users in avoiding counterfeit assets. Pump.fun conducted the sale across multiple exchanges, including Bybit, Kraken, and KuCoin, demonstrating robust interest from retail investors.
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