Pump.fun rumored to launch token with $1B raise, 10% airdrop: Report

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 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, which said the launchpad — known for its instant token creation feature — will raise $1 billion through a token sale. The report claimed that three sources…