Pump.Fun Prepares $1 Billion Token Sale, Aiming for $4B Valuation

Pump.fun, a platform empowering users to create Solana-based memecoins, is launching its own token with a planned $1 billion raise and an estimated valuation of $4 billion. According to sources familiar with the matter, this new token will be sold to both public and private investors. 🤯 The company’s rapid growth, generating over $700 million in revenue since early 2024, has propelled it into a prominent position in the memecoin sector. 📈 This upcoming offering positions Pump.fun as a potential unicorn within the crypto industry.