Crypto Launchpad Pump.fun based in Solana is the biggest taxpayer in Memecoin’s fashion. Since its maximum at $ 7 million, fum revenues fell by 92%. The recent ICO was planned as a three -day event, but all the chips were sold out in 12 minutes, despite the risk warnings of the media. What is behind the most exaggeration of this summer?
A narrative of ‘A last output bomb’
ICO’s acronym has some negative connotations. The ICOs pumped the market in 2017, but too many Altcoins turned out to have no value.
Although observers speculate ICOs are doing A return, some in the cryptographic community use the word as a synonym for a bubble and compare it with the ongoing boom of Bitcoin Treasury companies.
Given all that, when one of the new 2024 cryptocurrency companies announces an ICO in 2025, it has a game of play. Since Pump.Fun is a memecoin launchpad, it is not surprising that its marketing style is quite eccentric. The leader of the startup, Alon Cohen, for example, previously joked about Trump’s murder attempt. And its promotion of the bomb $ looked like this:
‘See rumors … these are wrong’
In a tweet published in July 2024, the bomb. Fun Cohen wrote “a last output bomb.” So, the time for this “output pump” has finally arrived as a platform launched A pump token $.
But, in February, Cohen denied Tokens plans.
Subsequently, the ICO was announced on July 9 through a thread in X: “At the time everyone has been waiting … $ pump will be launched through an initial currency offer on Saturday, July 12. Airdrop soon. Our plan is to kill Facebook, Tiktok and Twitch. In Solana. Learn more about $ Pump and how to get involved.”
the moment you’ve all been waiting for$PUMP is launching through an Initial Coin Offering on Saturday, July 12th.
airdrop coming soon.
our plan is to Kill Facebook, TikTok, and Twitch. On Solana.
learn more about $PUMP and how to get involved 👇 pic.twitter.com/KApiGnvtBg
— pump.fun (@pumpdotfun) July 9, 2025
A clip in the thread included a woman who gave a man a bomb. Then man is transported to a place where the pump streamers are seen.
The woman concludes that these projects can “change your life … maybe even the world.”
ICO structure
In the thread, the pump. Fun described the following structure. Of one billion tokens:
- 33% are distributed through an ICO
- 24% are reserved “for community and ecosystem initiatives”
- 20% go to the team
- 13% are assigned among the “existing investors”
- 2.4% is intended for the bottom of the ecosystem
- 2% go to the foundation
- 3% are intended for live broadcast
- 2.6% are used “for liquidity + exchanges”
Scott Melker, of the Wolf of All Street Podcast, the “translated” fame this structure in a sensible language in its newsletter. This is what he writes:
“This is how I am reading this graph:
Insiders: Equipment (20%) + existing investors (13%) + Community initiatives and ecosystems ((additional cash) (24%)) + Foundation (2%)
ICO: Do you really have a fair launch? At least support platforms have been announced in advance.
The community that matters: live transmission (3%) “
The following publications in the thread explain that of 33% tokens allocated to ICO, 18% are already assigned in a private sale for $ 0.004. That means that only 15% of the total supply was distributed through a public sale to the public.
It means that the Public Pump tokens Group $ was further reduced, the demand pressure in each token will probably increase, and now we know that the demand turned out to be greater than any expectation.
However, another important detail is that only 48-72 hours after public sale, tokens become “transferable.” Regular investors cannot currently sell $ pump tokens.
As Melker says, the 48-72 hours gap creates a situation in which normal investors will not know exactly when they can change their pump tokens $. He believes that this is a tactic designed to put merchants and quants with bots in a privileged position; Consequently, risks to normal investors are increasing.
Some community members are also concerned about the lack of airplanes. What makes things more controversial is that in March, Cohen declared that the exchange listings are dead and everything that matters happens in the chain.
‘Kill Facebook, Tiktok and Twitch‘
It is understood that the thread dedicated to the launch of the native token does not mention that a substantial fall in the pump. Income and ignore the fact that in terms of 24 hours volume, pump. It crawls The competitor we go to Bonk.
Rather, the thread emphasizes the growth of the pump snowball. FUN last year.
In the advertisement of the announcement, Pump.Fun said he plans to “kill Facebook, Tiktok and Twitch. In Solana.”
These are ambitious plans, but Pump.Fun does not provide an explanation about how it will overcome power in entertainment media space.
Pump. Witness of some positive moments:He organized a wedding and Financing provided For a girl with a brain tumor through a charity form. However, some of the things that happen in the bomb. Fun Livestress without ending being quite dark.
To attract attention and increase tokens prices, cryptographic streamers intensified of truces, such as living on the street or transmitting McDonald shifts, increasingly disturbing acts. Some transmissions included self -harm, alleged live broadcasts of prison, explicit sex shows and even threats of violence and Russian roulette, highlighting a worrying trend towards shock tactics in cryptographic promotion.
The threats of suicide and torture towards humans and animals, along with horrifying stories that include children, became viral.
The weather will show if the launch of the native token will open a new chapter in the history of the bomb.
