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Reading: Pump.fun faces scrutiny over PUMP token distribution in upcoming ICO
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The cryptonews hub > Blog > Trending News > Pump.fun faces scrutiny over PUMP token distribution in upcoming ICO
Trending News

Pump.fun faces scrutiny over PUMP token distribution in upcoming ICO

Crypto Team
Last updated: July 9, 2025 11:18 pm
Crypto Team
Published: July 9, 2025
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wp header logo 336 Pump.fun faces scrutiny over PUMP token distribution in upcoming ICO

The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders.

About 33% of the total PUMP token supply will be sold during the ICO. Of this, 18% is designated for institutional buyers through a private sale. The remaining 15% will be available to the public via major exchanges like Kraken, Bybit, KuCoin, Gate.io, Bitget, and MEXC.

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The platform stated that private and public sale participants will purchase the asset at $0.004 per token. Notably, all tokens purchased in the ICO will be fully unlocked once they become tradable, with no vesting period.

In addition to the ICO allocation, the remaining supply will be distributed as follows: 24% will be reserved for community and ecosystem initiatives, 20% for the team, and 13% for existing investors.

Meanwhile, the Pump.fun foundation will receive 2%, the ecosystem fund will receive 2.4%, and exchange liquidity will be allocated 2.6%. Interestingly, 3% of the total token supply is set aside specifically for live streaming.

The public sale will run until the 150 billion tokens are sold or until 14:00 UTC on July 15, whichever comes first. Token sale participants will receive their tokens shortly after the sale ends. However, tokens will be non-transferable for 48 to 72 hours before they can be traded.

The platform stated that US and UK residents are excluded from participating in the ICO.

Despite the structured rollout, Pump.fun’s token distribution plan has drawn criticism from some in the crypto community.

He added:

“Community reward which should be the purpose of $PUMP is said to be ‘coming soon’ which is just another term for ‘we do not really have a plan to airdrop.’”

According to the firm, it aims to become an alternative to existing social platforms like Facebook, TikTok, and Twitch by rewarding users instead of monetizing their attention.

Cohen further stated that Pump.fun intends to foster thriving communities, movements, and even cults. He said this would create a new space for crypto-native engagement within the social media landscape.

source

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