Pump.fun token sale news

Key Points:* Pump.fun acquires Kolscan and conducts public token sale.

• Token sale raises $500 million from the market.
• High on-chain participation observed in the sale event. Pump.fun’s acquisition of wallet-tracking tool Kolscan followed closely by its token sale generating $500 million has stirred activity within the crypto market.

The high level of participation signals robust investor interest and engagement with Pump.fun’s offerings, reflecting a strong crypto community response.

Pump.fun Secures $500 Million in Successful Token Sale

Pump.fun recently completed the acquisition of wallet tracking tool Kolscan, enhancing its monitoring features in the crypto trading space. This move comes alongside Pump.fun’s public token sale, which raised $500 million through the issuance of 12.5% of its tokens.

The acquisition of Kolscan provides Pump.fun with enhanced capabilities in real-time trade updates and profit/loss analysis, potentially increasing its appeal to traders. Although the token sale did not meet its initial target, raising $500 million against a conceptual $600 million goal, it highlights strong demand despite market fluctuations.

Did you know? During Pump.fun’s token sale, approximately 202 wallets purchased tokens worth over $1 million, hinting at potential whale dominance akin to past MEME coin cycles.

Market Dynamics and Strategic Implications

Did you know? Insert a historical or comparative fact related to this topic.

Based on CoinMarketCap data, Pump.fun’s (PUMP) token trades at $0.01, with a market cap of $1.57 billion. Its 24-hour trading volume increased by 27.30% to $6.72 million. Over the past 24 hours, its price surged by 21.93%, mirroring the trends seen over 90 days.

Pump.fun(PUMP), daily chart, screenshot on CoinMarketCap at 12:00 UTC on July 13, 2025. Source: CoinMarketCap The Coincu research team suggests that enhanced tracking features from Kolscan could improve transparency and decision-making for Pump.fun users. Historical trends show that token acquisition and active on-chain participation are critical for sustaining growth, impacting both financial and technological outcomes in similar crypto sectors.

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