Pump.fun, a decentralized crypto launchpad on the Solana network, finally launched its long -awaited token in an initial range of parts.
The ICO pump attracted massive attention from the community and investors, because its sale of $ 500 million was exhausted in just 12 minutes. ICO was launched on July 12 at 2 p.m. UTC.
In particular, 23,959 unique portfolios have completed the knowledge procedure for your customer to enter the ICO. According to the dash dash of Adam Tehc, only 42.3% of addresses, 10,145 wallets, could successfully buy pump tokens.
In total, 12.5% of the 1 Billion offer was sold via ICO with an average price of $ 0.004 per token.
Despite the massive ICO, the data show that Pump.Fun’s revenues have been down since mid-April. On July 12, the day of launching the token, the solana-based platform generated $ 657,000 in income.
Pumping whales are everywhere
While the purchase size of the ICO average pump was $ 44,209, the majority of portfolios, representing 5,758 unique addresses, bought less than $ 1,000 from the asset.
According to Dune data, 445 addresses bought between $ 100,000 and $ 500,000 of tokens. 138 portfolios have accumulated between $ 500,000 and $ 1 million in pumping tokens.
And finally but not the least, 202 wallets bought more than a million dollars of tokens in his ICO.
The involvement of whales has proven to be triggered Fomo (fear of missing) among investors and retail merchants.
The Pump value tripled to $ 2.5 billion a few hours after the launch. However, the token was faced with a quick sale of short -term investors. The token is currently negotiated at $ 0.0078 with a market capitalization of $ 1.6 billion.
When I spot a new launch with a good story of less than $ 5,000 MCAP on Pumpfun. pic.twitter.com/mwkzzcl9h
– Guy (@obeyguyy) July 12, 2025
Coinspeaker has drawn up a list of future ICOs for those who want to stay ahead of the cryptography curve.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Wahid analyzes and reports on the latest trends in the decentralized ecosystem since 2019. He has more than 4,000 articles in his name and his work has been presented on some of the main outlets, including Yahoo Finance, Investing.com, Cointelegraph and Benzinga. Apart from the reports, Wahid likes to connect the points between Defi and Macro on his newsletter, on Chain Moine.
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