MEXC Launches Second Round of PUMP Token Distribution After $600 Million Presale

MEXC, a leading global cryptocurrency exchange, has initiated the second round of PUMP token distribution. This move follows the successful conclusion of the initial token sale, which garnered a substantial $600 million. The presale, conducted between July 12 and July 15, 2025, allocated 150 billion PUMP tokens, constituting 15% of the total supply. These tokens were sold at a fixed price of 0.004 USDT per token. Notably, 90% of the funds, totaling $448 million, were raised on-chain via the Pump app on the Solana blockchain, while the remaining 10%, or $52 million, was contributed by five centralized exchanges.

The distribution phase for the PUMP tokens is scheduled to last between 48 to 72 hours, during which eligible users can claim their tokens. The total distribution amounts to 6,062,500,000 PUMP tokens, with the allocation period concluding on July 17, 2025, at 07:00 UTC. Eligible deposit methods for claiming the tokens include peer-to-peer (P2P) transactions, fiat, and on-chain transfers. This distribution marks a significant milestone for Pump.fun, as it continues to expand its presence in the cryptocurrency market.

The success of the PUMP token sale underscores the growing interest in memecoin creation platforms and the broader cryptocurrency ecosystem. The rapid sellout of the presale, which occurred in just 12 minutes, highlights the strong demand for PUMP tokens and the platform's potential for future growth. The distribution of these tokens across major exchanges, including Kraken, Bybit, and KuCoin, is expected to further enhance liquidity and accessibility for investors.

The second round of PUMP token distribution is part of a broader strategy by Pump.fun to engage with its community and foster long-term growth. The platform aims to offer a comprehensive suite of tools and services for memecoin creation, enabling users to launch and manage their own tokens with ease. By distributing a significant portion of the token supply through on-chain transactions, Pump.fun demonstrates its commitment to decentralization and transparency.

This event involves MEXC and pump.fun, the issuer of the PUMP token. MEXC is renowned for its notable Launchpad platform and provides investors with enhanced access to emerging trends within the Solana ecosystem. The second round includes the distribution of 50 USDT Contract Trial Funds to users affected in the initial round, supporting their participation in this strategic move.

The PUMP token sale aims at a record-breaking $1.32 billion, offering a 40% discount to new users via MEXC's Launchpad. This sale is significant for MEXC's partnership strategy with pump.fun to introduce the token. The broader financial implications include possible shifts in total liquidity within the Solana ecosystem, as external exchanges list the PUMP token.

PUMP tokens are expected to significantly influence market sentiment and liquidity, given the targeted $1.32 billion raise. Expert analysts stress the importance of regulatory alignment, though specific updates or comments from financial regulators have not been released.

Prospects for technological advancements, alongside ongoing Solana investments, remain strong. As PUMP token users remain positive about MEXC's strategic focus, the community is keenly awaiting the outcomes and future opportunities for growth in this cryptocurrency space. The community sentiment around the token is generally positive due to the strategic partnership between MEXC and pump.fun.