Pump.fun tentatively issues coin on 7/12: public sale page exposed with a fundraising valuation of 4 billion dollars, raising 600 million.

The rumors about the issuance of the most popular meme coin platform on Solana, Pump.fun, have been circulating for some time. Now, Gate exchange has revealed the public sale information of its token, aiming to raise $600 million by selling 150 billion tokens at a valuation of $4 billion. The timing coincides with the rise of competitor LetsBonk, adding more variables to this battle of issuance platforms.

Token sale plan revealed: Pump.fun will issue coin on July 12?

The rumors about Pump.fun launching its own Token PUMP have been swirling, and although the official response has been consistently vague, the Gate exchange briefly exposed a detailed page on the sale and issuance of the PUMP Token yesterday.

THERE’S THE CONFIRMATION.

Like clockwork.

Pump Fun Token 發行將於星期六開始預售。

1 Trillion Tokens for supply. Gate(dot)com selling 150 million tokens at a .004 price

That equates to the 4bil FDV raise.

July 12th to July 15th Sale will last 3 days. Tokens… pic.twitter.com/1hzr8ExICx

— Easy (@EasyEatsBodega) July 7, 2025

According to the page, Pump.fun will sell 150 billion PUMP Tokens at a price of $0.004 each from July 12 to July 15, accounting for 15% of the total supply, with an estimated fundraising of $600 million. Based on a total supply of 1 trillion PUMP, its fully diluted valuation (FDV) is as high as $4 billion.

Data shows that this fundraising will adopt a first-come, first-served basis, with no maximum subscription limit, but there is a minimum purchase threshold. However, soon after, this page was taken down following its spread in the community, leading to market speculation.

(Pump.fun will issue coin, with a valuation looking at 4 billion USD: is it the peak of meme economy or a sign of a bubble?)

LetsBonk's daily income has doubled, is Pump.fun in a hurry?

The coin issuance news circulating in the Pump.fun market has been delayed time and again. Initially, it was to avoid the risks of the Iran war, and now it faces a strong challenge from the competitor LetsBonk. DefiLlama data shows that LetsBonk generated $1.04 million in revenue within 24 hours, successfully doubling and surpassing Pump.fun's $530,000.

LetsBonk has rapidly risen since its launch in April, leveraging the support of the BONK community and marketing incentive activities to capture users and traffic. The platform is also actively integrating Raydium's liquidity pools and trading bot features, further widening the gap with Pump.fun.

NFT OG 0xSun also admitted: "Choosing to release the coin issuance news at this time can be said to be the worst timing. The Bonk platform is taking advantage and surpassing, and public opinion in the community mostly stands on the opposite side of Pump.fun."

Medium to long-term income still ranks first, is Pump.fun still the king?

In the long run, despite being surpassed by LetsBonk in the short term, Pump.fun still maintains a dominant position. Pump.fun's monthly revenue is approximately $37 million, while LetsBonk is about $4.5 million, indicating that the former still has a more indicative advantage in terms of old users and market base traffic.

In addition, Pump.fun, as one of the first platforms to launch meme coins, has seen the emergence of dozens of popular Tokens such as Fartcoin and PNUT, accumulating a large number of creators and whales. If it indeed launches the PUMP Token along with airdrops or other issuance and trading incentive activities, it still has the potential to reignite community enthusiasm and solidify its leading position.

(Pump.fun plans to distribute protocol revenue to PUMP Token holders, with a valuation potentially reaching 4 billion USD)

From rumor to reality, will the PUMP airdrop still come true?

Pump.fun is an important driver in the meme coin economy, but with the rise of new platforms like LetsBonk and Boop.fun, its market leadership is beginning to be challenged. Regardless of whether the token is truly set to launch on July 12, the community's biggest concern remains: "Will early contributors receive an airdrop?" Unfortunately, this point was not mentioned in the exposed page.

As the competition among meme coin platforms heats up, the next moves of Pump.fun will become an important indicator for observing the next wave of capital flows in the Solana ecosystem.

This article Pump.fun tentatively issues coin on 7/12: the public sale page reveals a $4 billion valuation raising $600 million, first appearing on Chain News ABMedia.