The Pump.fun platform has completed its public token sale, raising a record $500 million in just 12 minutes. This rapid success highlights strong investor interest in the new token.
Successful Token Sale
Pump.fun completed its public token sale on Saturday, raising $500 million. All available tokens were sold out in just 12 minutes.
Token Price Dynamics
Following the sale, PUMP tokens showed an increase in pre-market trading on the Hyperliquid exchange, reaching a price of $0.007. Recent updates indicate that tokens were trading around $0.006.
Team and Community Reaction
The Pump.fun team expressed gratitude to the community for participating in the sale and highlighted the enthusiasm surrounding the project. They also shared optimism for the future of Pump.fun and the Solana ecosystem.
The success of the PUMP token public sale reflects strong interest in the Pump.fun project and its potential within the Solana ecosystem.
