Meme Coin Issuer 'Pump.fun' Plans Token Sale Worth Approximately 150 Billion Yen

It was revealed in a Blockworks report on the 3rd that the Solana-based meme coin issuance platform 'Pump.fun' is planning a token sale estimated at $1 billion, with a post-dilution valuation of $4 billion. According to multiple sources, the tokens are expected to be launched within the next two weeks, although it is unclear whether they will be issued on the Pump.fun platform itself. The token sale targets both individual and institutional investors, aiming for substantial fundraising. Meanwhile, co-founder Mr. Alon had previously denied rumors that Pump.fun would launch a token.