The Pump.Fun token, built on the Solana platform, is preparing for its first public launch. This article outlines key aspects of the upcoming release.
Token Launch Plan
The Pump.Fun token will be available on Coinbase, with a launch planned for July 10. The Initial Coin Offering (ICO) will begin on July 12, offering 33% of the total supply of 3 trillion tokens. Retail investors will have access to 15% of that supply at a price of $0.004.
Pump.Fun Tokenomics
Pump.Fun's tokenomics allocates the remaining supply among team members, early investors, and ecosystem incentives. Trading on platforms like Bybit, Kraken, and KuCoin will begin 2-3 days after the ICO to minimize post-sale volatility.
Integration with Kolscan
In addition to the token launch, Pump.Fun has acquired Kolscan, an analytics tool that tracks wallet activity and ranks top traders. This integration aims to create a more interactive trading experience, allowing users to view real-time performance data and compare strategies. Co-founder Alon noted that this would help make trading more social and engaging.
The launch of the Pump.Fun token and integration with Kolscan indicates the project's intention to establish a significant presence in the memecoin market, offering various functionalities and interaction among traders.