PUMP Token – Utility Memecoin From Pump.Fun On Solana

What Is Pump Token?

The Pump Token ($PUMP) is the official utility and governance token of Pump.fun – a platform for instant memecoin creation and trading on the Solana blockchain, also supporting the Blast network. Launched in January 2024, Pump.fun lets users create tokens in minutes without coding, at a cost of around 0.02 SOL.

PUMP Launch & ICO

On July 12, 2025, the Pump Token ICO sparked a frenzy, raising over US$500 million in under 12 minutes. Around 125–150 billion tokens (about 15% of the 1 trillion total supply) were distributed, with a fully diluted valuation (FDV) of US$4–5.7 billion at listing.

Pump Token Tokenomics

The token allocation is as follows:

   • ICO: 33%

   • Community & ecosystem: 24%

   • Team: 20%

   • Existing investors: 13%

   • Livestream budget: 3%

   • Liquidity & listings: 2.6%

   • Ecosystem fund: 2.4%

   • Platform/non-profit fund: 2%

PUMP Utility in the Ecosystem

PUMP serves as the core of Pump.fun, with utilities including:

   • Platform governance (voting on changes and upgrades)

   • Staking for rewards

   • Creator rewards for token launches

   • Transaction fee rebates

   • Community airdrops

   • Buybacks and burns to reduce supply

Challenges & Potential Risks

Alongside its huge potential, Pump Token faces several challenges:

   • Regulatory scrutiny from authorities

   • Revenue decline if the memecoin market cools

   • Competition from similar platforms

   • Risk of high volatility, excessive speculation, or rug-pulls

Conclusion

PUMP is a memecoin phenomenon embodying the Web3 spirit, blending speed, creativity, and community. However, it’s a high-risk investment suited for those who are agile, adventurous, and ready to embrace strong volatility.