Pump.fun Prepares to Launch $PUMP Token

The Pump.fun platform, known for enabling the creation of memecoins on Solana, has announced the launch of its own token, $PUMP. The token distribution (airdrop) is scheduled for next week. Users who have interacted with the platform in the past three months will be eligible to claim tokens.

What is Pump.fun?

Pump.fun is an automated platform for launching and trading tokens on Solana. It allows users to create and trade memecoins without technical expertise.

According to Crypto Insider, 52,543 new tokens were launched on Pump.fun on February 7.
The platform operates on Solana, offering fast transactions and low fees.
It has gained traction among traders due to its simplified token launch and trading process.

$PUMP Token Launch Details

Expected date: Next week.
Eligibility: Users who have actively used the platform in the past three months.
Distribution method: Free airdrop.

Additional Developments

Chinese crypto forums report that major exchanges are developing custom listing programs for Pump.fun, suggesting a potential listing.

There are also discussions regarding legal challenges in the U.S. that could delay the token launch. Some sources claim regulatory hurdles may need to be resolved before $PUMP is issued.