Crypto Gloom

Solana’s pump.fun is planning to sell $ 1 billion tokens, Blockworks says

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According to BlockWorks reports, Solana Meme Coin Launchpad Pump.fun plans to raise $ 1 billion in tokens with a full diluted (FDV) token with $ 4 billion.

Source familiar with this problem, Blockworks Sayed Token will be sold to both private and public investors.

pump

Pump.fun tokens can be released in the next two weeks

The deadline for the token release of Blockworks or pump.fun is not confirmed. However, the recent X Post, which cited the confirmation of the source close to the team, suggests that the token fundraiser may start in the next two weeks.

According to X users who created the post, the token’s air drop was also confirmed according to X users, a full -time meme coin trader.

Potential $ 4 billion will be a pump. FUN will activate the Solana ecosystem, trigger the Sol Meme Coin Rally last year, and make it the latest Crypto Unicorn startup.

Dune Analytics’ data show Since its launch in early 2024, the platform has generated more than $ 662 million in cumulative income. In addition, on January 23, it reached the highest profit of $ 7 million, which has recently dropped to about $ 1 million a day.

Token launch is the latest salvo of Raydium-Pump.fun Rivalry

The rumored token launched token to break the relationship with Raydium by launching a self -automated market maker (AMM) called PUMPSWAMP.

Then Raydium started a self -coin generator called Launchlab and responded.

Coinmarketcap data It shows that the brush falls after the pump news. The Fun Plan extends the loss per share to more than 10% and trades at $ 156.48 based on 2:27 AM EST.

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