This Memecoin Platform Raised $600 Million In Just 12 Minutes
Posted On July 13, 2025
Pump.fun, a platform that enables users to generate their own speculative tokens, amassed an impressive $600 million within a mere 12 minutes on Saturday.
What Happened: The initial coin offering (ICO) of Pump.fun is among the largest ever, following closely behind Bitcoin’s recent record-breaking high.
The platform, which operates on the Solana blockchain, had previously disclosed its intention to sell 150 billion tokens at $0.004 each, after already selling a 180 billion token block to private investors at the same price.
Pump.fun’s co-founder, Alon Cohen, verified that the public sale …
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