Pump.Fun, a Solana-based token launch platform at the heart of Memecoin Curaze, is set to hold a $1 billion token sales at a full $4 billion valuation (FDV).
A total of three sources say that token sales are open to both private and public investors. However, it is not yet clear when the token will be released or distributed via the Pump.fun platform. However, a platform’s X (formerly Twitter) post showed that the token could arrive within the next two weeks.
If the planned $4 billion valuation comes into play, Pump.Fun became Crypto World’s latest “Unicorn” startup and dominated the Memecoin market over the past year.
When launched in early 2024, Pump.Fun allows users to instantly create Solana-based tokens for free. The platform has attracted the attention of Crypto Investors and has generated more than $700 million in revenue to date.
*This is not investment advice.