penmro
Member
One of the biggest token sale moments on Solana just happened. Pump.fun has officially raised $500 million in under 12 minutes during the public sale of its native token, $PUMP all at a price of $0.004 per token. That puts the fully diluted valuation at $4 billion, and all tokens are now locked for 48 to 72 hours before they start showing up on chain.
Coindesk coverage
Token details
What’s Happening On Chain
This isn’t just another token launch, it’s a liquidity magnet with huge social and trading momentum. For copy traders and strategy builders, here’s why it’s worth tracking:
Will $PUMP live up to the hype? Or will it crash post unlock like many high FDV tokens?
Also curious how are you positioning for trades like this? Watching wallets? Filtering by volume? Holding back?
let’s discuss how you’re thinking about it.
Coindesk coverage Token detailsWhat’s Happening On Chain
- Solana network activity spiked by 5,349% in the hours following the sale
- Over 17 million addresses are now active across the network
- One whale alone committed $1M+ into the sale
- Massive liquidity movement almost $600M tracked across wallets and exchanges
- Public trading starts once the lock period ends expect action
This isn’t just another token launch, it’s a liquidity magnet with huge social and trading momentum. For copy traders and strategy builders, here’s why it’s worth tracking:
- Fresh wallet activity: As tokens unlock, early whale behavior and smart money moves will start surfacing
- Increased copy opportunities: Expect new wallets to enter the leaderboard once $PUMP starts trading
- Volatility ahead: Locked supply, large entries, and sudden listings. it’s a mix that demands smart timing
Will $PUMP live up to the hype? Or will it crash post unlock like many high FDV tokens?
Also curious how are you positioning for trades like this? Watching wallets? Filtering by volume? Holding back?
let’s discuss how you’re thinking about it.
