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Honestly, I was expecting it. With the billions flying around in their ecosystem, it was just a matter of time. But still… it’s happening. Let me break it down: Pump.fun — yeah, the chaos factory on Solana — just announced their token: $PUMP. I’ve been asking myself for months:
Some context, if you missed the ride: Launch date: January 2024 Tokens launched via Pump.fun: over 5.7 million (Yes, you read that right — millions.) That’s ~71% of all new Solana tokens, by the way. On fire: Up to $16M/day in revenue during the peak. Over $100M+ generated so far. They charge: 1% swap fee per trade 1.5 SOL per token graduation (when a meme hits ~$69k market cap) Basically: they’ve been farming SOL like it’s DeFi summer 2021. Real success stories launched on Pump.fun: Fartcoin: hit over $2B in market cap PNUT: reached ~135M, still hovering around $44M Others like ARC, ACT crossed $100M+ In total: 🔹 ~40 tokens went over $10M+ 🔹 ~250 reached $1M+ 🔹 Whole Pump.fun ecosystem = $4B+ market cap Let that sink in. Now, $PUMP Launching via Bitget’s LaunchX (yup, again them) Sale period: July 12 → July 15 Public sale price: $0.004 Total supply: 1 trillion tokens (1,000,000,000,000) Let’s do some quick math: At $0.004, initial market cap = $4B If it lists even at $0.01 → $10B market cap Sounds wild? Not so much when you consider the whole memecoin scene they’ve created is already flirting with that kind of valuation. My take? They didn’t need a token. They were printing. But launching $PUMP now? Feels like the “king move” to close the loop. Will it fly? Honestly, with this kind of media momentum + a working product + actual cultural weight in Solana… I wouldn’t be surprised if it hits hard right out of the gate. But hey — memecoins are still memecoins. They can pump like hell and nuke twice as fast. Not financial advice. Just Solana things. Curious to see what y’all think. Is $PUMP a natural next step or are they pushing it too far? DYOR, but don’t ignore this one. submitted by /u/Past_Hotel_5987 |
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