Pump.Fun is a Meme coin issuance platform based on the Solana network, where users can create and deploy tokens with one click, and achieve automatic liquidity addition and trading launch. As the platform’s popularity rises, Pump.Fun has launched the PUMP token and is conducting a public sale through the Launchpad model.
The release of the PUMP token will be launched simultaneously on multiple trading platforms, covering mainstream channels such as Gate, MEXC, Bitget, Bybit, and Kraken. This multi-platform collaboration not only expands the participant base but also increases the initial liquidity and market influence of the token.
Taking Gate as an example, its Launchpad provides a limited subscription channel where users can use USDT to participate in the subscription; some trading platforms have also launched their own listing plans for PUMP, supporting multiple currencies such as USDT, SOL, bbSOL, creating a situation of synchronized market interaction.
Figure:https://www.gate.com/trade/PUMP_USDT
According to Gate’s market data, PUMP surged to a maximum of 0.006199 USD on July 15, then fell back to around 0.0058 USD for consolidation, still rising over 45% compared to the public offering price of 0.004 USD. The trading volume exceeded 200 million USD within 24 hours.
In the current market structure, short-term bullish sentiment is strong, with short-term support located around 0.0055 dollars. If the trading volume remains, there is still upward space in the future.
According to crypto analysts, the PUMP team initially added only $4 million in base liquidity, with most of the remaining funds coming from community users adding it themselves. Currently, the total liquidity across the entire chain has surpassed $50 million, clearly demonstrating community-driven characteristics.
In addition, 24% of the token allocation is reserved for community airdrops, which have not yet been fully released. This portion will be gradually distributed through governance and incentive mechanisms, and it will continue to impact market expectations.