Pump.fun token rumors mount as protocol revenue drops 66%

Pump.fun has yet to confirm or deny rumors of a $1 billion token sale and 10% airdrop, but the community is split on whether the potential launch would help or harm the crypto space.
Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation.
On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members.
Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale would be valued at $4 billion.