📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
PUMP Price Analysis: In just 12 minutes, it set a fundraising record, with a "huge" gap between Whale and retail investor trading.
The PumpFun platform's PUMP token officially launched on July 14, with data showing its Fully Diluted Valuation (FDV) is approximately $5.7 billion. The token price has increased by 40% compared to the ICO sale price.
Today (15th) in the Asian afternoon session, the PUMP trading price is approximately $0.005904, corresponding to a market capitalization of about $2 billion. The liquidity volume reached $859 million.
(Source: Gate)
Set a fundraising record in just 12 minutes
Before this listing, PumpFun conducted a public sale on July 12, which lasted only 12 minutes but raised 500 million USD by issuing 125 billion PUMP tokens at a price of 0.004 USD per token.
These tokens are sold through the PumpFun website and four centralized exchanges (CEX), making it one of the fastest fundraising ICOs in history.
According to the data compiled by Dune, 23,959 wallets have completed the KYC process, but only 42.3% of them have received tokens. This shows that the competition is very fierce and the distribution time is extremely short.
Whale players dominate in trading volume, while retail investors dominate in numbers
The average investment amount for each investor is $44,209, while the median is only $550, reflecting a significant gap between whale investors and retail investors. Specifically, there are 202 wallets that have reached the investment limit of $1 million, while 5,758 wallets spent less than $1,000.
PUMP Token Allocation Structure and User Expansion Strategy
According to the information released by Pump.fun, the total supply distribution of PUMP is as follows:
33% used for ICO
24% used for community and ecosystem;
20% to the founding team;
Existing investors 13%;
3% allocated for live streaming budget;
2.6% as liquidity and listing rewards;
2.4% used for ecological fund;
Non-profit organization 2%;
About 76% of the tokens are sold directly through the PumpFun platform, while the rest are handled by partner exchanges. The team stated that this approach aims to increase direct contact with users while minimizing the role of intermediaries.
Additionally, Dune community member Adam Tehc stated that PumpFun requires all participants to undergo mandatory identity verification and does not include residents of the United States and the United Kingdom to ensure compliance with the law—this is an important distinction from many meme coins that were launched previously.
Mainstream cryptocurrency exchanges have also just announced the listing of PUMP Token, which further helps to increase liquidity.