On July 13 at 22:00 (UTC+8), the star project of the Meme track, pump.fun (PUMP), officially launched on Gate Launchpad. Within just 1 hour, the subscription amount has surpassed 300 million USD, reigniting market attention.
The total quota for this Launchpad is 2.5 billion PUMP, and users can participate through USDT. The maximum subscription limit per individual is 12.5 million PUMP. The subscription activity will last until July 14 at 22:00 (UTC+8), using a mechanism that calculates the subscription limit based on hourly proportions. The earlier you subscribe, the higher the allocated quota, and it is first come, first served.
What is pump.fun (PUMP)?
pump.fun is based on Solana A public chain development platform for trading and issuing Meme coins, it allows every user to easily create, trade, and even speculate on their own Meme coins through an extremely simplified UI and automated liquidity pool model.
Unlike traditional trading platforms, pump.fun endows token issuance with stronger "social attributes" and "gamified play", and its design philosophy caters to the dual needs of today’s young people for community meme culture and speculative fun.
Highlights of pump.fun Products
- Zero threshold for token listing, everyone can participate
No code required, no audits needed, publish Meme coins in just a few steps, lowering the barrier for token issuance and attracting more community creators to participate. - Automatic tiered pricing, open and transparent competition
The platform controls the price curve through a tiered pool mechanism, with prices gradually rising as funds enter, ensuring transparency and robust liquidity, avoiding the risks of traditional DEXs being easily dumped. - Community-driven, perfect combination of meme culture and speculation
Every Meme coin on pump.fun is a tangible product of a community or emotion. The platform is not just an exchange, but also a playground for Meme speculators and culture enthusiasts. - Efficient low-cost transactions off the Solana chain, smooth experience
Leveraging Solana’s advantages of fast confirmation and extremely low costs, frequent trading and small trial-and-error transactions are stress-free, with trading efficiency significantly better than Ethereum.
Why is PUMP Popular in the Market?
In the past year, the Meme coin sector has repeatedly sparked market excitement, evolving from Pepe to Bonk. Meme has transformed from a "joke coin" into an independent sector with clear community consensus and liquidity. Pump.fun has precisely tapped into this trend, combining Solana’s low fees and efficiency with community gamification mechanisms, quickly gaining market favor.
The data from this Gate Launchpad once again proves that PUMP is not just a meme, but a narrative and a community-driven emotional financial experiment.
Conclusion
From Dogecoin At pump.fun, Meme has never been out of the market’s sight. PUMP has strongly launched on Gate Launchpad, with subscription amounts exceeding 300 million dollars within an hour, undoubtedly adding another blockbuster focus for crypto investors. For those investors who missed the previous Meme bull market, perhaps pump.fun is the next "emotional window" worth paying attention to.
