Pump.fun, the viral Solana-based memecoin launchpad, has officially confirmed the launch of its native token, PUMP, via an Initial Coin Offering (ICO) starting July 12, 2025. The much-anticipated Token Generation Event (TGE) and public sale will distribute 150 billion PUMP tokens, marking a key milestone for one of the most talked-about platforms in crypto this year. BingX has also announced the listing of PUMP, allowing users to trade PUMP/USDT on both the spot and futures markets shortly after the TGE.
In this article, we break down what Pump.fun is, why it’s so popular, full details on the PUMP ICO, its tokenomics and utility, and how you can prepare for the upcoming $PUMP airdrop.
What Is Pump.fun Meme Coin Launchpad?
Pump.fun is a no-code memecoin launchpad built on Solana. Since its launch in January 2024, it has transformed Solana's memecoin landscape by letting anyone create and trade tokens in minutes. Users can mint tokens with just a few clicks, leveraging an automated bonding curve to handle pricing and liquidity.
Pump.fun volume and total revenue | Source: Dune Analytics
The platform’s user-friendly design and viral meme culture have made it a powerhouse for on-chain experimentation. As of July 2025, Pump.fun has enabled the launch of over 11.4 million tokens, attracted 22 million unique addresses, and generated $723 million in cumulative fees, according to DefiLlama.
Why Is Pump.fun So Popular?
The success of Pump.fun lies in its simplicity and viral potential. With a low entry barrier, users can launch a token for as little as 0.02 SOL, and lightning-fast transactions on Solana, it has become the default playground for meme-driven crypto communities.
Key features include:
• Low-cost token launches (0.02 SOL per token)
• Bonding curve pricing that rewards early buyers
• Fair launch model with no presales or team allocations
• Fast execution with near-instant trades and minimal fees
This accessibility has driven a wave of experimentation, though the platform has also faced criticism for scams, bots, and volatile markets.
Pump.fun Token Generation Event (TGE) on July 12: How to Participate in $PUMP ICO
Source: Pump.fun on X
The PUMP token sale is set to run from July 12 at 14:00 UTC to July 15, 2025, or until all tokens are sold out. This highly anticipated event will offer 150 billion PUMP tokens, representing 15% of the total 1 trillion supply, at a fixed price of $0.004 per token. Pump.fun aims to raise $600 million, giving the platform a $4 billion pre-valuation.
The PUMP TGE (Token Generation Event) and ICO mark a major milestone for Pump.fun as it transitions from a viral Solana memecoin launchpad to a fully-fledged ecosystem with its own utility token. For the platform's users, $PUMP promises future benefits like fee discounts, governance rights, and participation in community incentives. For the broader Solana ecosystem, it signals the rise of platforms turning meme culture into sustainable on-chain economies.
How to Participate in the Pump.fun ICO
Joining the PUMP token sale is straightforward, but you’ll need to prepare ahead of time to secure your spot. The ICO runs from July 12 at 14:00 UTC to July 15, 2025, or until all tokens are sold.
Step 1: Choose Your Platform
You can buy PUMP directly on Pump.fun or through one of the official partner exchanges. Refer to Pump.fun's official announcements for more information. Connect your Solana-compatible wallet to Pump.fun.
Step 2: Fund Your Account
Accepted payment methods include USDT, USDC, SOL, and bbSOL, giving you the choice between stablecoins and Solana-native assets. Make sure you have enough in your account to cover both the token purchase and any associated fees.
Step 3: Complete KYC Verification
KYC (Know Your Customer) is mandatory to participate. Verify your identity on Pump.fun or any of the partner exchanges you choose.
Step 4: Check Your Eligibility
Due to regulatory restrictions, users from the U.S., U.K., and EU-regulated platforms cannot join the public sale. Make sure your account is registered on a non-restricted platform.
Step 5: Be Ready on Launch Day
This is a first-come, first-served sale, and demand is expected to be high. Log in early and complete your purchase as soon as the sale goes live.
💡 Once PUMP tokens are live, you can trade them on BingX in both the spot market (PUMP/USDT pair) and the futures market. Simply deposit your PUMP tokens to your BingX account and start trading with low fees, fast execution, and access to advanced tools to monitor price trends and manage your positions effectively.
PUMP Token Utility and Tokenomics
PUMP is the official utility coin of the Pump.fun ecosystem, supporting both the Pump.fun launch platform and the swap.pump.fun automated market maker (AMM) protocol. While the Pump.Fun Protocols remain permissionless, meaning you don’t need PUMP to create or trade memecoins, holding the token offers additional benefits that enhance user participation and align with the brand’s growth.
What Can You Do With PUMP Token?
1. Participate in Promotions and Giveaways: PUMP holders may gain access to special promotions and community giveaways hosted by the Pump.Fun Protocols.
2. Support Platform Growth: As the token integrates with future features, it’s expected to play a role in incentivizing engagement within the memecoin and social layers of Pump.fun.
3. Align with the Brand Ecosystem: PUMP acts as a utility coin tied to the broader Pump.fun vision of empowering community-driven creation and experimentation on Solana.
While $PUMP is not a requirement for using the platform, it serves as an added layer of utility and incentive for users invested in the ecosystem’s long-term success.
$PUMP Token Distribution
Pump.fun (PUMP) token allocation | Source: CryptoRank
The total supply of 1 trillion PUMP tokens will be allocated as follows:
• 33% for the Initial Coin Offering (18% private sale + 15% public sale)
• 24% to community and ecosystem initiatives
• 20% for the core team
• 13% for early investors
• 2.6% for liquidity and exchange listings
• 2.4% to an ecosystem fund
• 2% for a foundation supporting development
• 3% for livestreaming incentives
Note: All tokens sold during the ICO will be fully unlocked on day one.
How to Be Ready for the Upcoming Pump.fun Airdrop
In addition to the highly anticipated ICO, Pump.fun has hinted at a potential PUMP token airdrop after the TGE designed to reward its most active users. While official details about the airdrop, such as the dates, haven’t been confirmed, it’s expected to follow the pattern of other Solana-based projects that prioritize community engagement and on-chain activity.
Who Might Qualify for Pump.fun Token Airdrop?
Past Solana airdrops show that platforms often reward users who contribute meaningfully to their ecosystem. For Pump.fun, this could include:
1. Trading memecoins on the platform: Regular buying and selling activity signals that you’re an engaged participant. Pump.fun recently recorded over 2.6 million daily transactions and $164 million in daily volume at its July 2025 peak, making active trading a key indicator of user involvement.
2. Launching your own token: Creating a memecoin shows initiative and directly supports the platform’s growth. With over 11.4 million tokens launched to date, contributing new projects could weigh heavily in eligibility.
3. Consistent on-chain activity: Frequent interactions, such as token swaps and liquidity provision, demonstrate commitment and may improve your chances of being included in any snapshot.
The airdrop distribution to eligible users is scheduled to begin on July 24, 2025, at 15:00 UTC.
How to Prepare for the $PUMP Token Airdrop
If you want to maximize your chances of receiving PUMP tokens, here’s what to do:
1. Trade regularly on Pump.fun: Set up a Solana wallet like Phantom, Solflare, or Backpack. Fund it with SOL and engage with the platform by buying and selling trending memecoins. This activity not only keeps you in the ecosystem but also builds a visible history of engagement.
2. Create your own memecoin: Launching a token is simple and affordable. Fund your wallet with 0.1–0.5 SOL to cover the creation fee, choose a name and ticker, and upload an image. To show added commitment, consider pre-buying 10–30% of your token’s total supply.
These steps highlight your contribution to the Pump.fun community and may position you favorably for any future airdrop snapshot. Remember, airdrops often reward early and consistent participation, so the sooner you get involved, the better your chances.
Conclusion
Pump.fun has been a driving force in Solana’s memecoin boom since early 2024, enabling millions of tokens to launch and generating over $700 million in fees. However, its dominance has waned in recent months, with daily trading volumes falling by 75–80% from their peak, and competitors like LetsBonk capturing a larger share of the market.
The upcoming PUMP ICO, scheduled for July 12–15, represents a pivotal moment for the platform. By raising $600 million and introducing governance and utility features, Pump.fun aims to revitalize its user base and expand its vision of building a decentralized alternative to social media giants like Facebook, TikTok, and Twitch.
For users, this could mean new opportunities through direct token purchases and a potential airdrop for those actively engaged on the platform. But it’s important to approach with caution. The memecoin market is highly volatile, prone to sudden price swings, and often dominated by speculative trading. Only invest what you’re willing to lose and stay informed about the risks before participating.