Pump.fun has announced the launch of its public sale of PUMP tokens, which will take place on the Bybit platform from July 12 to 15, 2025, excluding participants from the US, UK, and EU.
Sale Dates and Conditions
The public sale of PUMP tokens will run from July 12 to 15, 2025. The sale will feature 150 billion tokens, which represent 15% of the total supply of one trillion tokens. Each token will be priced at $0.004 USDT, potentially raising $600 million and valuing the project at $4 billion.
Regulatory Landscape
The exclusion of participants from major markets like the US and EU is related to regulatory requirements. European regulations, specifically MiCA, have led Bybit to formally exclude users from these regions, emphasizing the need for compliance across different jurisdictions.
Project Ambitions and Potential Impact
Pump.fun aims to disrupt social platform markets, stating its goal to 'kill Facebook, TikTok, and Twitch on Solana.' However, despite its ambitious goals, there are concerns about decreased platform activity that may hinder immediate market influence. If successful, the sale could increase participation in the memecoin market, but ongoing efforts would be needed to meet regulations and engage the community.
The public sale of PUMP tokens is a significant step for Pump.fun; however, the project's success may depend on regulatory compliance and community response to its ambitious plans.
