- Pump.fun faces rumors of a $1B token sale at $4B valuation despite no official confirmation; community reactions remain sharply divided.
- Mixed responses emerged: influencers anticipate exchange listings while critics blame platform for gambling losses amid $677M total revenue.
Solana-based memecoin platform Pump.fun faces rumors of a potential $1 billion token sale. Unverified reports suggest a $4 billion total valuation. The claims originated from a June 3 social media post by a community member. This post indicated a token launch within two weeks. It mentioned possible listings on centralized exchanges and a 10% token distribution to users.
BREAKING: @pumpdotfun launching $PUMP token in next 2 weeks.
– Airdrop for users confirmed as well
It's finally coming.
— nextfuckingthing (@nextfckingthing) June 3, 2025
A separate media report later cited anonymous sources supporting the $1 billion figure. Pump.fun has not confirmed or denied these claims through official channels.
The platform provided no details about token functions or distribution methods. Requests for comment from media outlets received no response by publication time.
Community reactions showed division
One influencer expressed anticipation for the token’s potential listing on decentralized exchange Hyperliquid. Some community members questioned Pump.fun’s approach to generating revenue.
One trader media account claimed the platform “turned altcoin investors into memecoin gamblers” calling it damaging overall. This critic noted $700 million in protocol earnings while most users lost money.
why does pump need to raise 1bn tho? how is it gonna invest that for growth if it already has made 675m and hasnt spent that either
what are they planning to do with 1bn?
— 0xngmi (@0xngmi) June 4, 2025
Data confirms Pump.fun earned approximately $677 million in cumulative revenue. One blockchain developer questioned the rumored $1 billion raise, asking how unused existing funds would be deployed.
These rumors coincide with measurable platform changes. Pump.fun generated $46.6 million in May revenue. This represents a 66% decrease from January’s $137 million. The broader memecoin market also contracted.
Total memecoin market capitalization fell to $64 billion on June 4. This marks a 54% drop from December’s $137 billion peak. Some traders now question memecoins’ staying power following recent value drops.
