Coinbase, the largest US cryptocurrency exchange, has announced the listing of PUMP, the token of Solana-based memecoin launch platform Pump.fun. PUMP will be listed with an experimental tag and users are warned not to send it over other networks. Trading will commence on July 15, 2025, subject to liquidity conditions. Coinbase will add PUMP support with the Experimental tag.
Coinbase, the leading U.S. cryptocurrency exchange, has announced its intention to list the PUMP token, the native token of the Solana-based meme coin launch platform Pump.fun. The listing is scheduled for July 15, 2025, contingent on meeting liquidity conditions. This move follows a significant public sale event for the PUMP token, which began on July 12, 2025, and is expected to conclude on July 15 or when all 150 billion tokens are sold out, whichever comes first [1].
The PUMP token sale, priced at $0.004 per token, has garnered substantial interest from the crypto community. The public sale is part of a broader strategy by Pump.fun to expand its user base and increase the adoption of its meme coin platform. The platform aims to leverage the popularity of meme coins to attract a wider audience and drive innovation in the crypto space [1].
Coinbase's listing of PUMP with an experimental tag is significant for several reasons. First, it provides a wide range of options for eligible retail investors to participate in the token's trading activities. Second, it underscores the high level of interest and anticipation among investors, as evidenced by the token's early trading activity on secondary markets, where it is trading 40% above its ICO price on Hyperliquid [1].
The acquisition of Kolscan by Pump.fun is another notable development. Kolscan is a wallet tracking platform that aims to improve the platform’s analytics and trading tools by providing real-time tracking of on-chain trader activity. This integration is expected to enhance the user experience and provide valuable insights for traders [2].
Despite early hedging activity by institutional players, Pump.fun's management maintains a growth-focused vision. The platform aims to compete with leading content platforms by combining social interaction with trading incentives. The success of the PUMP token ICO has revived discussions around token fundraising models and the potential of ICOs in the crypto space [3].
In summary, Coinbase's listing of the PUMP token is a significant event for the Solana blockchain and its ecosystem. The public sale and subsequent listing on major exchanges, including Coinbase, are expected to boost the token's liquidity and credibility. As the token's market debut approaches, investors and financial professionals will be closely watching its performance and the broader implications for the meme coin market.
References:
[1] https://www.ainvest.com/news/pump-fun-pump-token-public-sale-begins-40-ico-price-hyperliquid-2507/
[2] https://cryptofrontnews.com/coinbase-to-list-pump-token-ahead-of-july-12-ico-launch/
[3] https://thebitjournal.com/500m-in-12-minutes-pump-funs-explosive-ico/
Comments
No comments yet