Memecoin Platform Pump.fun Raises $600 Million Within 12 Minutes

Memecoin Platform Pump.fun Raises $600 Million Within 12 Minutes


In another sign of the ongoing popularity of memecoins, a platform that lets people create their own highly-speculative tokens raised $600 million within 12 minutes on Saturday.

Pump.fun’s so-called initial coin offering ranks among the largest ever and comes a day after the largest cryptocurrency and market bellwether Bitcoin hit a fresh record high.



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