Pump.fun Completes Its ICO With $500M Raised: Here Are Key Details

Pump.fun, the oldest and most successful memecoin launchpad on the Solana (SOL) network, completed its oversubscribed initial coin offering (ICO) over the weekend in 12 minutes. The highly decorated launchpad sold 12.5% of PUMP’s token maximum supply, thus raising $500 million at a valuation of around $4 billion. The Pump.fun ICO was facilitated through its […] The post Pump.fun Completes Its ICO With $500M Raised: Here Are Key Details appeared first on Coin Edition.