EddieJayonCrypto
9 Jul 25
Pump.fun has announced the launch of its PUMP token ICO on July 12, offering 150 billion tokens out of a total 1 trillion supply. U.S. and U.K. citizens are excluded from participation. Post-ICO, the token will be listed on exchanges including Bybit, Kraken, and KuCoin, with transfers starting 48 to...
Pump.fun has confirmed the launch of its PUMP token Initial Coin Offering (ICO) scheduled for July 12. The ICO will offer 150 billion tokens for sale out of a total supply of 1 trillion tokens.
Notably, citizens of the United States and the United Kingdom are excluded from participating in this ICO. Following the sale, the token will be listed on major exchanges including Bybit, Kraken, and KuCoin.
Token transfers are expected to begin 48 to 72 hours after the ICO concludes, which is projected to be by July 18. The distribution of the total token supply is allocated as follows: 33% reserved for the ICO sale, 24% dedicated to community initiatives, 20% allotted to the development team, and 13% allocated for existing investors.
In an intriguing twist, the founder of Pump.fun, who has previously publicly criticized token presales as scams, is now spearheading this ICO launch, raising eyebrows within the crypto community.