Pump.fun ICO Raises $500M in 12 Minutes Amid Retail FOMO

Key takeaways

• Pump.fun limited token supply in the ICO and locked transfers for 72 hours, creating urgency and fueling retail FOMO.

• Over 10,000 wallets joined the sale, many pre-funded via PumpSwap, enabling rapid participation and fast capital inflow.

• The platform processed $448M directly on Solana, using its high-speed, low-fee design to complete the $500M sale in under 12 minutes.

• Post-sale, Pump.fun announced strategic acquisitions, token buybacks, and ecosystem expansion to reinforce momentum and justify its $4B valuation.

Launched in early 2024,…