Pump.fun Sets PUMP Token ICO, Bans US and EU Users
Pump.fun Sets PUMP Token ICO, Bans US and EU Users

Pump.fun Sets PUMP Token ICO, Bans US and EU Users

News summary

Pump.fun, a Solana-based memecoin launchpad, will launch its PUMP token ICO on July 12, 2025, aiming to raise up to $600 million by selling 150 billion tokens at $0.004 each, representing 15% of the 1 trillion total supply and valuing the project at $4 billion. The public sale, running until July 15 or until sold out, will be available on Bybit, Kraken, KuCoin, Bitget, Gate.io, and MEXC, with participation restricted for U.S., U.K., and EU-regulated users. Purchased tokens will be distributed 48–72 hours after the sale ends, and an airdrop for existing users is planned. Pump.fun's co-founder expressed ambitions to challenge social media giants by empowering creators and countering algorithmic control and censorship. Binance Futures will offer PUMPUSDT perpetual contracts with up to 5x leverage prior to the spot sale. The ICO is positioned as a transformative step to revitalize Pump.fun amid recent revenue declines and market volatility.

Story Coverage
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
0
Unrated
1
Last Updated
21 hours ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

24Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News