Pump.fun’s $PUMP Token Surges 53% on Launch Day Despite Pre-Launch Doubts

July 15, 2025 – Pump.fun, the leading meme coin launchpad on Solana, officially began public trading of its native token, $PUMP, today. After selling out its public sale on July 12 in just 12 minutes, the token opened trading with a price of $0.0062, representing a 53% increase from its fixed presale price of $0.004.

This launch places $PUMP’s fully diluted valuation (FDV) at approximately $6.13 billion, marking one of the most significant token debuts of 2025 by valuation.

Where $PUMP Is Trading?

According to GMGN data, around 55% of $PUMP’s trading activity is occurring on decentralized exchanges (DEXs) like Pumpswap, Raydium, and Meteora. Centralized exchanges (CEXs) such as Bybit and KuCoin are also contributing significantly to volume, with Bybit handling the largest share among CEXs.

While Binance has not listed $PUMP on its spot market, the token is currently available for trading on Binance Futures, providing exposure to derivative traders.

Community Reactions and Launch Setbacks

Despite a successful token sale and launch, Pump.fun faced several pre-launch hurdles. These included confusion around the presale announcement, declining platform dominance, and criticism regarding the sale structure. Additionally, some prominent traders publicly bet against the token, citing full unlocks and valuation concerns.

Nevertheless, market demand proved strong. $PUMP’s rapid price appreciation reflects widespread retail enthusiasm and a resilient meme coin market segment—even as the broader market shows signs of consolidation.

Outlook and Next Steps

While the token saw sharp fluctuations throughout the day due to profit-taking, its price remains above the presale level, signaling early strength. Analysts continue to watch for further exchange listings and updates on the promised airdrop to early users, which could influence both sentiment and price stability in the weeks ahead.