Pump.fun Raises $600 Million for Meme Coin Platform in 12 Minutes

  • Meme coin platform Pump.fun reportedly raised $600 million in 12 minutes Saturday (July 12). That's according to a report from Bloomberg News, which noted that this so-called “initial coin offering” is among the largest ever, showcasing the growing popularity of meme coins, a type of cryptocurrency token associated with memes or celebrities.