According to SolanaFloor, a social media news source for the Solana network, Solana-based memecoin launchpad Pump.fun has announced plans to launch its native token, PUMP, on July 12, 2025. It will serve as the platform’s utility token.
🚨@pumpdotfun Public Token Sale: All You Need to Know
– Token: $PUMP
– Total Supply: 1 trillion
– Date: July 12 – July 15 (3 days)
– Tokens for Sale: 150 billion
– Sale Price: $0.004
– Fully Diluted Valuation: $4 billion pic.twitter.com/8jijGWgVBp— SolanaFloor (@SolanaFloor) July 7, 2025
Pump.fun Official Token Incoming
As revealed by SolanaFloor, the PUMP token would have a limited supply of 1 trillion tokens. The platform plans to offer 150 billion PUMP, representing 15% of the total supply, during its token sale, which will last for three days (72 hours) from July 12 to July 15.
Each token is priced at 0.004 USDT. Thus, the project would be valued at $4 billion at launch.
PUMP will serve as the native utility token of the Pump.fun protocols that comprise the pump.fun memecoin launch platform and the swap.pump.fun automated market maker (AMM) on the Solana blockchain network.
Notably, users must not hold the PUMP token to access the Pump.fun protocols as they remain permissionless. On the other hand, holding the PUMP token would be of great benefit, as it would allow users to participate in promotional giveaways from the protocol.
Gate Pulls Token Sale Page
Following the token sale plans, crypto exchange Gate released a sales page for the PUMP token, becoming the first global exchange to reveal PUMP sale plans. However, the page didn’t last for long as the exchange pulled it down, raising concerns in the minds of its users and intending investors.
Meanwhile, Pump.fun has made waves in the Solana and crypto memecoin ecosystem since its launch in January 2024. Eight months after its inception, it amassed $100 million in revenue by allowing issuers to launch about 1.8 million memecoins on its platform.
Recently, in May 2025, due to its friendly interface and the Solana network’s low transaction fees, it attracted more user activity, enough to surpass the Ethereum blockchain in terms of transaction fees generated within the past year, reaching $296 million, a gap of over $50 million compared to Ethereum.
Notably, this happened a few months after the protocol’s X social media platform suffered an exploit, indicating increased confidence from users and memecoin issuers.
