Pump.fun is a memecoin launchpad built on the Solana blockchain. It lets anyone create and launch a new meme token in minutes without coding or complex setups. Users pay a small fee, set basic details, and the token goes live instantly. This easy process has made Pump.fun the biggest memecoin factory, with over six million tokens launched by mid‑2025. It’s popular for zero‑friction crypto experiments, community coins, and viral meme trends.
Pump.fun (PUMP) Crypto Exchange
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What is Pump.fun (PUMP)
PUMP is the native utility and governance token of the Pump.fun memecoin platform on Solana network.
Pump.fun is a memecoin launchpad built on the Solana blockchain, launched in January 2024 by Noah Tweedale, Alon Cohen, and Dylan Kerler. The idea is beautifully simple: anyone can create and launch their own memecoin in minutes, without coding knowledge or the need for big liquidity pools.
This frictionless experience turned Pump.fun into the biggest meme‑token factory in crypto, with over six million tokens launched by mid‑2025. It’s a platform that turned meme hype into a mass‑production machine — and the community loved it.
On July 12, 2025, Pump.fun launched its own native token, PUMP, through an initial coin offering (ICO) that shocked the crypto market.
Pump.fun (PUMP) FAQ
The PUMP token is Pump.fun’s native utility and governance token. It powers platform features, community rewards, marketing campaigns, and ecosystem growth. Holders can use PUMP for governance proposals, get access to new tools, or earn incentives for launching and promoting new memecoins. Around 33% of the total 1 trillion supply was sold in Pump.fun’s record-breaking ICO in July 2025. The token’s main goal is to strengthen and expand the memecoin ecosystem on Solana.
In July 2025, Pump.fun held one of the fastest ICOs in crypto history. The project raised over $500 million in just 12 minutes, selling about 12–15% of the total PUMP token supply. Nearly 90% of funds came directly through Pump.fun’s website, showing huge demand from retail investors and memecoin fans. The ICO made PUMP one of the largest Solana tokens launched that year and boosted Pump.fun’s visibility worldwide.
One of the biggest concerns with PUMP is its high ownership concentration. Around 60% of the ICO supply was bought by the top 340 wallets — each wallet averaged about $44,000 in PUMP. This means a few large holders can heavily influence the token price. While the platform promises community governance, the large share owned by whales makes decentralization a key risk to watch for Pump.fun’s future.
Pump.fun is popular and innovative, but it’s not without controversy. Some users create thousands of spam tokens, and one founder has a past linked to early rug pulls.
Always do your own research before investing in PUMP or launching tokens on Pump.fun.
