# Pump.fun Raises $500M in 12 Minutes

*Author: Bankless*
*Published: Jul 14, 2025*
*Source: https://www.bankless.com/fr/read/pump-fun-pulls-500m-in-12-minutes*

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Pump.fun, the viral Solana-based memecoin launcher, raised a jaw-dropping $500 million in just 12 minutes through a public sale of its PUMP token.

### What’s the Scoop?
- **Massive Raise:** The project sold 12.5% of its 1T token supply at $0.004, implying a $4B fully diluted valuation.
- **Blistering Demand:** Over 10,000 wallets participated, pushing the entire allocation to sell out in under 12 minutes.
- **Platform Ambitions:** Pump.Fun aims to evolve from a memecoin launcher into a creator-focused platform with governance and buyback mechanics.
- **Bubble Watch:** Critics liken the frenzy to 2017-style ICO mania, citing bot activity and short token life cycles on the platform.