pump.fun ICO Raise $500M for 12 Minutes, Spark Retail Boom
pump.fun ICO finish sell finish for just 12 minutes, dem raise pass $500 million onchain and $100 million through centralized exchanges. More than 20,000 KYC-verified wallets join, with median buy-in of $400–$537. US investors no gree join because regulatory wahala. Onchain data later show say one big whale fund 500 coordinated wallets—each carry $400 USDC and 0.05 SOL—so dem fit bypass Sybil resistance and boost token allocations. This method na like how dem do for previous memecoin launches and fit make future airdrops and bonuses no straight. The Saturday offering alone beat all NYSE Saturday fundraising since 1952, show crypto dey open 24/7 for everywhere. This one resemble Ethereum 2014 ICO, maybe pump.fun mean say new fundraising era go more open and flexible. Traders suppose dey watch wallet coordination and regulatory changes when dem dey check upcoming ICOs and token launches.
Bullish
Di pump.fun ICO raise $500 million record for 12 minutes show say demand dey strong for retail and market dey open 24/7, wey fit ginger positive feeling about di PUMP token. Even though say short-term wahala fit come from whale dem wey dey use Sybil tactics and possible regulatory wahala, strong participation plus historical comparison to Ethereum early fundraising dey show say inclusive high-velocity capital formation dey take place. Traders fit see fresh buying pressure for PUMP soon, meanwhile long-term belief for decentralized ICO models fit support steady growth.