Pump.Fun, a prominent memecoin platform on Solana, announces a $1 billion token sale, aiming for a $4 billion valuation. The fundraising effort is expected to boost the $62 billion memecoin market, driven by growing interest in memecoins. Pump.Fun's success in creating 11 million tokens and its easy-to-use platform has made it a major launchpad for memecoins. The platform's decentralized exchange,
, has handled over $10 billion in trading since March 2025.
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