Pump.fun Eyes $1 Billion Token Sale Amid Soaring Revenue and Market Frenzy

Pump.fun Eyes $1 Billion Token Sale Amid Soaring Revenue and Market Frenzy

Pump.fun, the viral memecoin launchpad built on the Solana blockchain, is reportedly gearing up for a major token sale targeting $1 billion in funding at a fully diluted valuation of $4 billion, according to sources cited by Blockworks.

The upcoming sale is expected to be open to both private and public investors and could launch within the next two weeks. While the name of the token, pricing details, and its minting location remain undisclosed, the anticipated raise has already sparked significant industry buzz.

Since its inception in January 2024, Pump.fun has experienced explosive growth. By April 21, 2025, the platform had generated $647 million in revenue. Its income is largely fueled by a 1% transaction fee on all trades, as well as a 2.3 SOL service charge for tokens that reach the bonding curve and get listed on Raydium.

In a standout performance, Pump.fun’s monthly revenue peaked at $121 million in 2025—surpassing that of Ethereum at the time. Despite its success, the platform has faced scrutiny and criticism in various global markets.

A Look at Pump.fun’s Metrics

Recent data from Dune Analytics reveals the platform had 58,408 daily active users as of this writing. On June 3, 2025, the total active user count hit 244,550, up from 195,480 the day prior. On that same day, Pump.fun raked in $264,918 in revenue, bringing its cumulative total to approximately $617.7 million.

The Pump.fun ecosystem currently holds a market capitalization of $3.76 billion—down 3.2%—with a staggering daily trading volume of $1.32 billion.

Top-performing tokens by market cap include Fartcoin, Peanut the Squirrel, Moo Deng (SOL), Would, Goatseus Maximus, Alchemist Al, Central African Republic Meme, and Just a chill guy.

Memecoin Market Overview

According to CoinMarketCap, the top intraday performer among memecoins is Central African Republic Meme, followed by Zeus, LOFI, SPX6900, and Apecoin.

In terms of overall market capitalization, Dogecoin leads the pack, trailed by Shiba Inu, Pepe, Official Trump, Bonk, and SPX6900. However, Pepe outpaces all others in trading volume, placing it ahead of Dogecoin, with Official Trump ranking third.

Among the highest-trading memecoins are GOHOME at $248.50, followed by $TRUMP at $11.22, SPX6900, Fartcoin, Dogwifhat, Apecoin, and Would.

The global memecoin market has seen a significant surge, reaching a market cap of $62.36 billion—up 17.48% over the past 30 days. Trading volume has also climbed 38.3%, hitting $6.41 billion.

New entrants like ANDY, BIG, and BNBXBT have gained substantial traction, while trending coins include MIND, F, OMALLEY, ZEUS, and $MICHI.