Coinbase Adds Support for Pump.Fun Ahead of $PUMP Token ICO

Uncover the most recent traits within the DeFi house. This article dives into: “Coinbase Adds Support for Pump.Fun Ahead of $PUMP Token ICO”.

Coinbase International Exchange has introduced that it’ll add assist for the $PUMP token forward of its Initial Coin Offering (ICO). The alternate will record the $PUMP pre-launch market on each Coinbase International Exchange and Coinbase Advanced. Trading is about to start on or after 8 p.m. UTC on July 10, 2025.

This growth comes as Pump.Fun, the Solana-based memecoin launchpad, prepares for the official public sale of its native token.

Details of the Pump.Fun ICO and Tokenomics

The Pump.Fun ICO will open to the general public on July 12, 2025. The platform has allotted 33% of its whole token provide, or 1 trillion $PUMP tokens, for the ICO sale.

The ICO value is about at $0.004 per token, with 15% of the provision being made accessible to retail buyers in the course of the public sale. Private buyers have been beforehand allotted 18% of the entire token provide on the identical value.

The remaining distribution of tokens consists of 24% for group and ecosystem initiatives, 20% for the staff, and 13% for present buyers. Additionally, 2% of the entire provide is reserved for the inspiration, whereas 3% is allotted to livestreaming options, and a pair of.6% will assist liquidity and alternate listings.

Following the ICO, $PUMP tokens can be tradable 48 to 72 hours after the sale concludes, with buying and selling platforms corresponding to Bybit, Kraken, and KuCoin supporting the token. This delay in buying and selling entry is designed to forestall fast hypothesis and guarantee correct market circumstances.

Pump.Fun Acquires Kolscan to Enhance Platform Features

Concurrently, Pump.Fun has introduced its acquisition of Kolscan, a wallet tracker that gives real-time information on the actions of high on-chain merchants. The integration of Kolscan’s companies is anticipated to reinforce Pump.Fun’s choices by offering extra detailed insights into token efficiency, trades, and income and losses (PnL) of energetic merchants.

Alon, the co-founder of Pump.Fun mentioned that the mixing will improve the social expertise of on-chain buying and selling. He added that buying and selling is a “social sport,” by which contributors can benchmark their efficiency with one of the best merchants.

He continued to say that, the goal is to supply merchants with instruments to grasp their buying and selling methods and use the companies to work together with the remainder of the buying and selling group.

The transactions monitoring options designed and supplied by Kolscan corresponding to rating merchants in line with their efficiency can be free in the meanwhile. This motion will assist to attract new and previous commerce prospects to the platform and provides them useful information that they will use to make buying and selling selections.

Whales Bet Against $PUMP in Pre-Launch Short Positions

Ahead of the token’s official launch, a number of whale buyers have opened quick positions in opposition to $PUMP. Reports present that two separate whale wallets have deposited a complete of $7 million in USDC to open quick positions utilizing 1x leverage on HyperLiquid.

This transfer signifies a cautious outlook from institutional buyers relating to the potential value motion of $PUMP following its ICO.

The whale positions point out an general market doubt relating to the early efficiency of $PUMP following the ICO. Nonetheless, shorting will get pursued by institutional buyers that wish to hedge in opposition to the volatility {that a} newly launched token experiences throughout its preliminary part out there.

Regardless of this pessimism of some buyers, the administration of Pump.Fun signifies an optimistic outlook regarding the way forward for the token and its ecosystem. In the long-term method, the platform goals to develop its content material platform that’s able to competing with main content material platforms corresponding to Twitch and TikTok, and reward its customers by crypto-based incentives.

✓ Share:

Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of expertise, providing in-depth market analysis and professional commentary .

With a Bachelor’s diploma in Journalism and Actuarial Science from Mount Kenya University, Kelvin is understood for his meticulous analysis and robust writing expertise, significantly in cryptocurrency, blockchain, and monetary markets.

His work has been featured throughout high trade publications corresponding to Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight amongst others, the place he constantly gives well timed updates and insightful content material.

Kelvin’s focus lies in uncovering rising traits within the crypto house, delivering factual and data-driven analyses that assist readers make knowledgeable selections. His experience extends throughout market cycles, technological improvements, and regulatory shifts that form the crypto panorama.

Beyond his skilled achievements, Kelvin has a ardour for chess, touring, and exploring new adventures.

Why belief CoinGape: CoinGape has lined the cryptocurrency trade since 2017, aiming to supply informative insights to our readers. Our journalists and analysts deliver years of expertise in market analysis and blockchain expertise to make sure factual accuracy and balanced reporting. By following our Editorial Policy, our writers confirm each supply, fact-check every story, depend on respected sources, and attribute quotes and media appropriately. We additionally comply with a rigorous Review Methodology when evaluating exchanges and instruments. From rising blockchain tasks and coin launches to trade occasions and technical developments, we cowl all sides of the digital asset house with unwavering dedication to well timed, related info.

Investment disclaimer: The content material displays the writer’s private views and present market circumstances. Please conduct your personal analysis earlier than investing in cryptocurrencies, as neither the writer nor the publication is chargeable for any monetary losses.

Ad Disclosure: This web site might characteristic sponsored content material and affiliate hyperlinks. All commercials are clearly labeled, and advert companions don’t have any affect over our editorial content material.

You Might Also Like

Dive into key traits within the Bitcoin house. This article analyzes: “Coinbase Adds Support for Pump.Fun Ahead of $PUMP Token ICO”.

• Crypto News – Stay up to date with the most recent world crypto headlines, breaking tales, and regulatory updates.
• Market & Price Analysis – In-depth insights, technical breakdowns, and value actions of main cryptocurrencies.
• DeFi & Web3 – Explore improvements in decentralized finance, smart contracts, and the evolution of the Web3 web.
• Exchanges & Listings – Discover new coin listings, alternate updates, and token launch bulletins.
• Events & Trends – Follow world blockchain occasions, crypto conferences, and rising traits shaping the trade.

From Our Partner Sites

• Explore BlockTrend for professional takes on blockchain traits & developments
• Visit CryptoCoil for dwell market information, altcoin insights & sentiment monitoring
• Check i-News for recent world crypto headlines & breaking tales
• Claim & earn with trusted drops on i-Coin — your faucet & incomes hub
• Learn crypto the sensible manner on i-VIP — sensible tutorials, guides & suggestions for freshmen
• Discover curated crypto insights on SFBNEWS — automated crypto updates & professional curation

[ad_3]

Content Reference

This article is customized from coingape.com. We’ve restructured and rewritten the content material for a broader viewers with improved readability and search engine optimisation formatting.

More from CryptoON

Dive deeper on CryptoON to remain forward in crypto.