Pump.fun Plans Massive $1B Token Sale at $4B Valuation, Stirring Mixed Reactions

Pump.fun, the popular Solana-based meme coin launchpad, is reportedly preparing to launch its own token with plans to raise $1 billion at a $4 billion fully diluted valuation, according to multiple sources familiar with the matter.

The token will be offered to both public and private investors, though specific details about the sale structure and whether it will launch on Pump.fun's own platform remain unconfirmed. While no official launch date has been announced, social media speculation suggests it could happen within the next two weeks.

Since its debut in early 2024, Pump.fun has established itself as a dominant force in the meme coin ecosystem, allowing users to create tokens on Solana instantly and without technical knowledge. The platform has facilitated the minting of nearly 11 million tokens with a cumulative market cap of approximately $4.5 billion.

The news has generated mixed reactions within the crypto community. Some express skepticism about the valuation, while others see it as potentially reinvigorating the Solana ecosystem's bullish momentum. The announcement is already impacting markets, with Solana (SOL) reportedly up 3.2 percent as of June 3, 2025.

Pump.fun has demonstrated impressive financial performance, generating over $732 million in fees since its January 2024 launch. The platform has continuously expanded its offerings, launching PumpSwap in March 2025 to capture trading activity and introducing a creator rewards program in May that allows token creators to earn 0.05% of trading volume paid in SOL.

The platform's success comes amid intensifying competition in the token-launching sector, with Pump.fun's innovations including a mobile app and the reintroduction of its live streaming feature, which had been temporarily suspended following content moderation complaints late last year.

As of press time, Pump.fun has not made an official statement regarding the token sale.