PUMPPump.fun (PUMP) Price

1. Project introduction

pump.fun is a launchpad on the Solana blockchain, focused on creating and trading meme coins. Since launching in January 2024, pump.fun sought to become a household name by allowing anyone, anywhere, to create & trade tokens.

2. Team introduction

Alon, cofounder, https://x.com/a1lon9

3. Investment institution

6th Man Ventures, Big Brain Holdings, Mechanism Capital, Daxos Capital, and Alliance (Accelerator).

4. Token application and distribution

Token application:

utility mechanisms like fee rebates, token buybacks, or other incentives and promotions.

Token distribution:

• 33% will be sold in the Initial Coin Offering
• 24% reserved for community and ecosystem initiatives
• 20% to the team
• 2.4% to the ecosystem fund
• 2% for the foundation
• 13% to existing investors
• 3% for livestreaming
• 2.6% for liquidity + exchanges