Pump.fun’s $PUMP token launches at $5.6B valuation

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The distinctive symbol of the Pump.fun pump was shown in a fully diluted evaluation of $ 5.6 billion after selling ICO in less than 12 minutes.
The massive demand during the sale of the weekend in Pump led to the exchanges and response of users ’reaction via Kraken and Bybit.

Meme Coin Launcad Pump.fun launched the distinctive code of the pump earlier today via the main encryption stock exchanges after raising $ 500 million in ICO sold in less than 12 minutes during the weekend.

$ Trading lives now!

Thanks to all those who participated in $ General sale. It’s time to build the future of encryption and social media on Solana.

We cannot be more enthusiastic about what will come! pic.twitter.com/6p7qdxlb1t

PUMP.fun (pumpdotfun) July 14, 2025

The pump opened at $ 0.0056, giving it a fully reduced rating of $ 5.6 billion. The distinctive symbol briefly increased to $ 0.0065 before restoring 0.0054 dollars at the time of the press.

The launch was not indisputable. During the weekend period, Kraken Co-COO AROO SETHI admitted that some users could not complete their orders due to system restrictions. Sethi said that Kraken will work on AirDrop Tokens for affected users, and to buy them in the secondary market for installment.

Bybit also faced complaints, and to start Pump.fun to delay the API before editing its statement. The Stock Exchange later announced that it will make a 20 -dollar stain fee provider for all affected users as a gesture of goodwill, although many questioned the decision, saying that it was not sufficient to lose preliminary.

PUMP is now available for instant trading and deposits via BYPIT, Mexc, Bitget, Gate, Kucoin and HyperLeeliquid, with the latter up to up to 5 times on permanent contracts.