Pump(dot)Fun to Launch $1 Billion Token Sale: New Valuation Reached

The popular Solana-based memecoins launchpad, Pump(dot)Fun, is preparing for a significant funding round. The company is rumored to be aiming for a token sale that could raise up to $1 billion, reaching a fully diluted valuation of $4 billion, according to reports by the Blockworks. 🔒 The sale is expected to open in the next two weeks, inviting both private and public investors. However, details regarding the specific token name, pricing, and minting location remain undisclosed at this time.