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pump.fun, Solana’s meme coin platform, plans to raise $1 billion through a token sale, targeting a $4 billion valuation. Launching such a large sale amid a collapsing meme coin market appears risky, as valuation expectations may be overly optimistic given the sharp decline in trading volumes and growing skepticism around meme coins.

Despite minting over 11 million tokens and generating $517 million in revenue, platform activity has dropped by 70–80% since January 2025. Meanwhile, meme coins continue to crash, further impacting Solana’s network activity.

pump.fun, Solana’s meme coin platform, plans to raise $1 billion through a token sale, targeting a $4 billion valuation. Launching such a large sale amid a collapsing meme coin market appears risky, as valuation expectations may be overly optimistic given the sharp decline in trading volumes and growing skepticism around meme coins.

Despite minting over 11 million tokens and generating $517 million in revenue, platform activity has dropped by 70–80% since January 2025. Meanwhile, meme coins continue to crash, further impacting Solana’s network activity.

https://cryptopotato.com/pump-fun-reportedly-launching-1b-token-sale-as-meme-coins-melt-down/

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