
Pump.fun ICO Raises $500M in 12 Minutes Amid Retail FOMO
Key takeaways Pump.fun limited token supply in the ICO and locked transfers for 72 hours, creating urgency and fueling retail FOMO. Over 10,000 wallets joined the sale, many pre-funded via PumpSwap, enabling rapid participation and fast capital inflow. The platform processed $448M directly on Solana, using its high-speed, low-fee design to complete the $500M sale…