Pump.fun May Drop Token Soon With $1B Raise at $4B Valuation — Airdrop Rumors Flying
Pump.fun might just be prepping the biggest meme coin power move of the year. According to unnamed sources speaking to Blockworks, the Solana-based meme coin launcher could soon raise $1 billion in a token sale — valuing the project at a jaw-dropping $4 billion.
That would instantly place Pump.fun among the top 30 crypto tokens by market cap, according to NYC-based entrepreneur Nick O’Neil. Wild, right?
🤫 But… Didn’t They Deny It?
Yup. Earlier this year, co-founder Alon Cohen played it cool on X, brushing off token launch rumors and telling users to ignore speculation.
“I would advise not to listen to anything that didn’t directly come from Pump.fun,” he said, while hinting that users would be rewarded “properly.”
So… maybe an airdrop is on the way? 👀
Community Speculates: Token Drop in 2 Weeks?
While Blockworks didn’t confirm launch timing, X is buzzing with claims that the token drop could happen within the next two weeks, potentially followed by an airdrop for early users.
🔥 “If you’ve used Pump.fun, you might wanna keep an eye out,” said one Solana-based alpha caller.
From Meme Chaos to $700M Revenue
Launched in January 2024, Pump.fun became the go-to plug for launching viral meme coins on Solana — making it easy for anyone to spin up tokens in minutes. Since then, it has reportedly pulled in over $700 million in revenue, despite controversies.
Yep, the journey hasn’t been drama-free.
- 👮♂️ Cease & desist letters were issued over 200+ IP-infringing meme coins.
- 📉 Even dark moments hit the platform’s livestreams.
Still, the project has remained resilient — and massively profitable.
💬 Nick O’Neil: “This Could Be Huge”
“At a $4 billion valuation, Pump.fun would be one of the top 30 crypto tokens. This is going to drive a ton of liquidity and raise serious capital,” said Nick O’Neil on X.
📉 Solana’s Price Reacts (But Then Recovers)
- SOL jumped 7% earlier this week, breaking above $159.
- But it dipped 2% following the Pump.fun news — likely from short-term market jitters.
- SOL has since recovered half the drop, currently trading at $156.50 with a $81.74B market cap.
Some are saying this is just the start of a fresh bullish wave for Solana’s ecosystem — and Pump.fun might be the fuel.
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