Pump.fun completed its public token sale on Saturday, which raised $500 million. All available tokens were sold out in just 12 minutes. This indicates a high demand for the new $PUMP token.
In regard to this, the Pump.fun team expressed gratitude to the community for participating in the sale. Also, they highlighted the enthusiasm surrounding the project.
After the token sale, the PUMP token experienced an increase in pre-market trading on the Hyperliquid exchange, reaching a price of $0.007. The most recent updates indicate that the token was trading at around $0.006, suggesting strong interest from investors.
In addition, the Pump.fun team expressed gratitude to everyone who participated, whether by buying tokens directly on the platform or through exchanges. They expressed their optimism for the future of Pump.fun and the broader Solana ecosystem.
The PUMP token was initially sold for $0.004 each, totaling 12.
