News
8 Jul 2025, 11:45
Pump.fun Token Sale Hits Snag as Gate.io Abruptly Removes Listing
Gate.io delists PUMP token sale page, casting doubt on $4B launch plan. Traders raise concerns over Pumpfun’s $4B valuation and token supply model. Pump.fun activity drives memecoin creation and market response on Solana network. The planned public sale of the native PUMP token from the leading memecoin launchpad, Pump.fun, has hit a major snag after the crypto exchange Gate.io unexpectedly removed the official sale listing without warning. The token sale was scheduled to launch on July 12 in a 72-hour public event. The sudden delisting has created significant uncertainty around the rollout, despite ongoing promotional activity for the launch on social media platforms. As of July 8, Gate.io has not provided an official explanation for the removal. The Planned $4 Billion Token Launch The now-disrupted token sale was set to be one of the largest of the year. According to details shared by crypto users ahead of the delisting, the sale was structured to offer 150 billion PUMP tokens at a price of $0.004 each. This would represent 15% of the total one trillion token supply and would have established a massive $4 billion valuation for the project from … The post Pump.fun Token Sale Hits Snag as Gate.io Abruptly Removes Listing appeared first on Coin Edition .
8 Jul 2025, 11:07
Pump.Fun Fades as Bonk.Fun Dominates Meme Coin Launches
The post Pump.Fun Fades as Bonk.Fun Dominates Meme Coin Launches appeared first on Coinpedia Fintech News Bonk.fun is shaking up the meme coin scene on Solana. In just a few weeks, it has overtaken Pump.fun to claim over 55% of the token launch market, and it’s doing more than just launching coins. Its model is driving strong demand for the BONK token at the center of its ecosystem. Adding to the shift, Gate.io recently removed the Pump.fun token listing page, further delaying the token sale. It suggests fading interest in the once-dominant platform. As Pump.fun loses momentum, Bonk.fun is quickly gaining ground, and investors are starting to pay attention. Most top Pumpfun deployers have been migrating to Bonk. Out of the top 200 serial creators on Pump, 88% have been launching tokens on the BONK launchpad ( @bonk_fun ) And 76% launched more tokens on BONK than Pumpfun in the last 72 hours. pic.twitter.com/h4I0GjkTK8 — Adam (@Adam_Tehc) July 8, 2025 BONK Buy-and-Burn Powers Price Momentum Bonk.fun got it right by turning users into stakeholders. Half of all fees go to buying and burning BONK, boosting demand and price. Another 8% supports community rewards and ecosystem growth. Moreover, out of every dollar earned, 50% goes toward buying and burning BONK, and another 8% goes into building reserves. That’s over $500,000 worth of BONK bought and burned daily since overtaking Pump.fun. It’s a system designed to constantly apply upward pressure on BONK’s price, and it’s working. This creates a win-win model for users, projects, and the platform, unlike Pump.fun, which charges high fees and gives little back to users or tokens. According to data, Bonk.fun has already processed $540 million in volume across 175,000 launches, compared to Pump.fun’s $341 million. Analysts like @ theunipcs say this rapid shift is being driven by both stronger token incentives and a loyal user base eager to back the BONK ecosystem. Meme Coin Mayhem: USELESS Token Steals the Spotlight One of Bonk.fun’s biggest hits are USELESS, a self-aware meme coin with no utility that’s exploded in popularity, now boasting a market cap over $250 million. It’s become a symbol of Bonk.fun’s viral appeal and unconventional success. With smaller players like Believe, Jup Studio, and Moonshot trailing far behind, Bonk.fun’s grip on the meme coin market appears only to be tightening. If current trends hold, BONK could see hundreds of millions in annual buy pressure, reinforcing its status as Solana’s standout meme token.
8 Jul 2025, 11:01
Pump.fun’s $4B Token Launch Collapses Amid Surging Backlash—Can Bonk Capitalize?
The much-rumored token launch from Solana-based meme coin platform Pump.fun appears to have collapsed under mounting scrutiny and confusion, leaving investors in doubt and opening the door for rival LetsBONK.fun to claim dominance in the rapidly evolving meme-token market. In early June, speculation began swirling about Pump.fun’s plans to raise $1 billion through a token sale that would value the company at $4 billion. https://t.co/BB5leCKHRh reportedly planning on $1 billion token sale for both public and private investors, at a $4 billion token valuation. #Pump .fun #TokenSale #Solana https://t.co/JWJ7w6wFic — Cryptonews.com (@cryptonews) June 4, 2025 The hype reached a fever pitch after several reports cited anonymous sources confirming the figures, suggesting Pump.fun’s token debut would be one of the biggest in Solana’s history. But despite the growing chatter, Pump.fun and its co-founder, Alon Cohen, remained silent, neither confirming nor denying the reports. No clear details were shared about the token’s utility or mechanics, leaving potential investors in limbo. Pump.fun’s Mysterious Token Plan Implodes Under Pressure The situation escalated when users discovered a live webpage on Gate.io, one of the exchanges rumored to host the sale, showing a planned Initial Exchange Offering (IEO) scheduled for July 12. Gate . io just leaked pump fun public sale… their official website just created “Public Sale of $PUMP token” it says the event launches in 4 days 18 hours, and they’re aiming to raise $600m. interesting. https://t.co/MnQn2odlS4 pic.twitter.com/J00Jw7PanY — lyxe (@cryptolyxe) July 7, 2025 The page detailed a sale of 150 billion tokens at $0.004 each, aiming to raise around $600 million from a total supply of 1 trillion tokens. It declared the sale as Pump.fun’s “first official public token sale” and confirmed the earlier reported $4 billion valuation. But the page was quickly taken down. Both the English and Chinese versions of the Gate.io website now return a 404 error. In response to user inquiries, Gate.io support claimed the takedown followed “negotiations between Gate and the project,” adding cryptically that “at this time, there is no confirmed date or announcement for its reopening.” Hello. We would like to inform you that, according to the latest announcement (2024-10-31) regarding PUMPFUN, following negotiations between Gate and the project, Gate has removed https://t.co/KLSHZkWmc1 (PUMPFUN) Pre-Market OTC. At this time, there is no confirmed date or… — Gate Support (@support_gateio) July 7, 2025 No further comment was provided by the exchange or by Cohen, despite outreach from reporters. The failed launch has sparked backlash from the Pump.fun community, many of whom feel blindsided. I am fcking pissed at Alon and PF Pumpfun extracted BILLIONS and now are trying to put the nail in the coffin and blead everyone dry asking for more money from us While Bonk airdropped the community millions, firstly saved Solana then the trenches Study — Solid 堅固 (@SolidTradesz) July 7, 2025 Bonk.fun Overtakes Pump.fun as Solana’s Top Meme Coin Launchpad Pump.fun, which shot to fame during January’s meme coin minting frenzy, has helped launch over 11 million tokens, generating an estimated 4.4 million SOL in revenue, roughly $655 million. BONK's $SOL buying spree challenges https://t.co/45JfH1EVhs 's massive $741M sell-off narrative as LetsBONK dominates with 54.7% market share targeting explosive $0.00002600 breakout. #Bonk #LetsBONK https://t.co/ZSHanyboma — Cryptonews.com (@cryptonews) July 7, 2025 But activity has since slumped. According to Dune Analytics, trading volumes are down by 75% from their peak, with DefiLlama reporting an even steeper 80% slide in the past six months. That slowdown has left a vacuum, and LetsBONK.fun is moving quickly to fill it. The rival platform, powered by the BONK token, has emerged as a serious contender in recent weeks. According to DefiLlama, LetsBONK.fun recently pulled in $1.04 million in 24-hour revenue, nearly double Pump.fun’s $533,412. Over the weekend, it surpassed Pump.fun in both token launches and market share , handling $544 million in volume versus Pump.fun’s $443 million. On July 6 alone, LetsBONK.fun saw 16,797 new tokens deployed, compared to 10,111 on Pump.fun. BREAKING: 21,651 @bonk_fun TOKENS DEPLOYED VS 9,960 FOR @pumpdotfun — 228 BONK TOKENS GRADUATED VS JUST 67 FOR PUMP IN LAST 24H! pic.twitter.com/SsanPre5Zq — SolanaNews.sol (@solananew) July 8, 2025 The implications are significant. LetsBONK.fun’s rise is being driven by deeper community engagement, clearer incentives, and aggressive tokenomics. The platform allocates 50% of its fees to buy and burn BONK and another 8% toward reserves, fueling daily buy pressure. With LetsBONK.fun generating over $1 million per day, that translates to over $500,000 in BONK purchases and burns, an aggressive deflationary strategy that has excited investors. A widely followed crypto investor, theunipcs , pointed out, “The massive increase in Bonk.fun market share helps BONK through the aggressive market buy pressure it contributes to the BONK token.” LetsBONK.fun’s leading token, “USELESS,” a tongue-in-cheek meme coin, has grown into a cult favorite with a market cap exceeding $100 million, followed by Hosico Cat at $69 million and IKUN at $25.4 million. USELESS token success illustrates how community-driven narratives are now outperforming over-engineered launches. Meanwhile, Pump.fun’s largest tokens are Fartcoin at a market cap of $1.2 billion, WOULD at $505 million, and Peanut the Squirrel at $221 million. Seems like the hated @pumpdotfun rally is turning into a bonk renaissance. @bonk_fun has beat pump in every metric across the board in the last 24hrs. Bonkfun is also the first token launchpad on solana to finally dethrone pump in platform revenue in just less than 6 months… pic.twitter.com/zR0SoCrU1J — dΞXter.hl (@nech_n_) July 7, 2025 Notably, the community sees this as a battle for the soul of Solana’s meme coin scene. With other Solana-based platforms like Believe, Jup Studio, and Moonshot trailing far behind in both engagement and volume, the contest now appears to be a two-horse race. As investors reassess their loyalties, the collapse of Pump.fun’s token sale may be more than a stumble. It could be the moment the market decided it was time for a new leader. The post Pump.fun’s $4B Token Launch Collapses Amid Surging Backlash—Can Bonk Capitalize? appeared first on Cryptonews .
8 Jul 2025, 10:17
Gate.io Pulls Page Hinting at $600M Pump.fun Token Sale
Cryptocurrency exchange Gate.io has quietly removed a webpage that appeared to announce a massive token sale for Pump.fun, a Solana-based memecoin minting platform. On Tuesday, users on X spotted a “leaked” page detailing an initial exchange offering (IEO) set for July 12, describing it as Pump.fun’s “first official public token sale.” The now-deleted page showed plans to sell 150 billion tokens at $0.004 each, aiming to raise around $600 million and valuing Pump.fun at $4 billion. The page was removed from both English and Chinese versions of Gate.io’s website, replaced with a 404 error notice. Adding to the confusion, Gate.io’s support team told a user that “following negotiations between Gate and the project, Gate has removed Pump.fun Pre-Market OTC. At this time, there is no confirmed date or announcement for its reopening.” The message referenced an October 2024 decision when Gate.io halted OTC trading for Pump.fun, leaving the status of the potential token sale uncertain . Pump.fun Token Sale Rumors Rumors circulated in June that Pump.fun was planning to raise $1 billion through a token sale, valuing the platform at $4 billion. However, neither Pump.fun nor its co-founder Alon Cohen confirmed the reports at the time. Pump.fun, which gained widespread attention in January during the Solana memecoin minting boom, has seen its activity slow sharply. The platform has enabled the creation of over 11 million new tokens, generating about 4.4 million SOL in total revenue, equivalent to roughly $655 million, according to Dune Analytics. However, daily volumes on Pump.fun have dropped nearly 75% since January, with DeFiLlama reporting an even steeper decline of around 80% over the past six months as the memecoin hype has faded. Competition in Solana Memecoin Space Pump.fun now faces increasing competition in the Solana ecosystem. On Monday, LetsBonk generated $1 million in daily revenue, surpassing Pump.fun’s daily intake and signaling shifting momentum within the memecoin market. As speculation continues around the potential token sale, the incident highlights the challenges memecoin platforms face as they transition from viral moments to maintaining long-term relevance. With Gate.io’s removal of the IEO page, investors remain in the dark about Pump.fun’s next moves amid intensifying competition and a cooling memecoin sector. The post Gate.io Pulls Page Hinting at $600M Pump.fun Token Sale appeared first on TheCoinrise.com .
8 Jul 2025, 09:45
Gate.io delists Pump.fun page ahead of the July 12 PUMP token sale
Solana-based meme coin launchpad prepares to release its native token, PUMP, to the public on July 12. While the community buzzed with optimism due to Gate.io’s support of the sale, the latest action by the crypto exchange has left enthusiasts confused. Notably, Gate.io has removed the page detailing Pump.fun’s imminent PUMP launch. What’s more unsettling is that the page has disappeared without communication from the exchange, magnifying uncertainty. Triad @triadfi · Follow 🚨 @Gate_io just removed the $PUMP token sale page 👀No official word yet, but predictors are watching closely.Delay incoming or just FUD? 3:35 am · 8 Jul 2025 49 Reply Copy link Read 49 replies Moreover, Gate.io’s move comes after social media platform X suspended Pump.fun without explanation last month. Pump.fun’s upcoming PUMP launch The meme token creation platform is preparing to launch its native coin to the public on July 12. Pump.fun allows anyone to create digital assets freely and instantly. It has propelled Solana blockchain growth amid speculative undertakings linked to meme cryptocurrencies. The launchpad uses PUMP as its native token, which brings utility through promotional giveaways, exclusive rewards, and community incentives. While individuals can still use Pump.fun without holding PUMP, the native coin unlocks more features and enriches user engagement. Token sale details The public PUMP sale will offer 150 billion assets, accounting for 15% of the overall 1 trillion supply, at $0.004 per coin. The sale will begin on July 12 at 3:00 PM and run for three days, concluding on July 15 or earlier upon quick sellouts. Furthermore, it uses the first-come, first-served approach without purchase limits. Users could participate in the token sale through Pump.fun’s official website as Gate.io has removed support. Gate.io takes down Pump.fun’s token sale page Meanwhile, things have taken an unpredictable turn days before PUMP’s scheduled launch. Gate.io has quietly delisted the token sale page, leaving the community confused. The exchange’s decision has sparked debates on X. Gate.io previously confirmed the listing with all details, including price and sale cap, before removing the page without notice. Experts are watching closely, with some speculating about delayed launches. The exchange might have taken down Pump.fun’s pre-market sale page due to negotiations with the project’s team. That would reflect the increasing shifts away from over-the-counter (ITC) trading, especially when dealing with meme token projects. Enthusiasts are left guessing as uncertainty mounts The absence of communication from Gate.io and the Pump.fun team has left the community uneasy. With no official updates and the sale page gone, supporters are wondering whether PUMP’s scheduled launch will happen as planned or if there will be a last-minute shock. The confusion is significant considering the immense hype about the upcoming launch and broader optimistic sentiments about Solana’s meme coin ecosystem. The initial announcement sparked massive interest, with many ready to join a high-potential project that boasts community backing and exchange support. Moreover, this was the first collaboration between Gate.io and Pump.fun. Enthusiasts should follow the latest updates ahead of July 12 for comprehensive details about Pump.fun’s PUMP public launch. The post Gate.io delists Pump.fun page ahead of the July 12 PUMP token sale appeared first on Invezz
8 Jul 2025, 09:04
Solana’s Pump.fun Pauses $4 Billion Token Sale, Potentially Impacting Market Volatility
Pump.fun, a prominent meme coin launch platform on Solana, has abruptly halted its highly anticipated $4 billion token sale, stirring significant uncertainty across the Solana ecosystem. This unexpected suspension has