Pump.fun Reportedly Planning Massive Token Sale Despite Revenue Drop

Rumors are heating up around Solana-based memecoin platform Pump.fun, which is said to be prepping a $1 billion token sale at a $4 billion valuation—though the team has yet to confirm any details publicly.

A June 3 post by a community member on X suggested the token could launch within weeks, with exchange listings and a 10% community airdrop. Blockworks later cited anonymous sources backing the claim, stating the sale would value the platform at $4 billion. Despite the buzz, Pump.fun has stayed silent.

The speculation comes as Pump.fun continues to draw mixed reactions. While some users are excited, others are skeptical. Influencer Ansem expressed interest, noting a possible listing on Hyperliquid, while Ash Crypto criticized the platform for fueling memecoin gambling and noted that many users lose money, despite the protocol generating nearly $700 million in revenue.

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DefiLlama data shows Pump.fun has earned around $677 million so far. But revenue is shrinking—May saw a 66% drop from January’s highs, signaling a broader cooldown in the memecoin frenzy. At the same time, the overall meme token market cap has plunged from $137 billion to $64 billion since December.

Analyst Miles Deutscher pointed out that while experienced users might profit from a token launch, the broader impact could be harmful due to the risks many users don’t fully grasp. DeFiLlama developer 0xngmi questioned the logic of raising $1 billion when the platform already holds hundreds of millions.

With no official statement from Pump.fun, the crypto community is left speculating whether this rumored move is a calculated expansion—or an overhyped leap during a market cooldown.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.