What is Pump.Fun?

Figure:https://pump.fun/board

Pump.Fun is a Meme coin issuance platform on the Solana chain that allows any user to issue coins with one click, automatically add liquidity, and immediately go live for trading. Since its launch in 2024, the platform has become one of the “source locations” for Meme coin launches on Solana.

PUMP Public Offering and Price Performance

Image:https://www.gate.com/trade/PUMP_USDT

PUMP is the native token of the Pump.Fun ecosystem, used for governance, incentives, and ecological construction. In early July 2025, it raised $500 million in just 12 minutes through a multi-platform Launchpad public offering, achieving unprecedented popularity and setting the record for the fastest financing of Solana meme coin projects.

The public offering price is 0.004 USDT, and it will be launched simultaneously on platforms such as Gate, MEXC, Bitget, and Bybit after the public offering ends. On the first day of launch, the price surged to 0.0068 US dollars, and it is currently stable at around 0.0059 US dollars, showing significant growth.

Latest Spot Market Overview

According to real-time data, the current price of PUMP fluctuates between $0.00545 and $0.00591. The 24-hour trading volume is between $900 million and $1.1 billion, and market enthusiasm remains strong.

Community-driven on-chain ecosystem

In addition to centralized platform trading, user activity on Pump.Fun on the Solana chain continues to rise. According to platform data and on-chain explorers, the number of tokens issued has exceeded 100,000, with daily active token issuance on-chain reaching thousands. A large number of users participate in the construction of Meme culture through social dissemination, content incentives, and other means.

In addition, the liquidity structure of PUMP also reflects community orientation. The team only provides 4 million dollars of base liquidity, with the rest added in batches by users, bringing the total liquidity to about 50 million dollars. This model reflects decentralization and makes the price more susceptible to community sentiment.

Investment advice and risk warning

• Speculative nature: Meme coins are primarily for short-term trading, with significant price volatility;
• Airdrop and unlocking pressure: 24% of the total PUMP is recommended for the community, but the unlocking time is not yet fully clarified, which may bring supply-side pressure.
• On-chain project quality varies: the platform has a low entry barrier, and a large number of tokens flood in, requiring community judgment to assess project quality.
• Multi-platform trading price difference: Different platforms have slightly different quotes, it is recommended to use limit orders and operate in batches.

In summary, for new investors, PUMP represents the opportunity to participate in the explosive growth of Meme coins, but one should remain cautious and pay attention to on-chain data and the ecological implementation.