On January 20th, Pump.fun officially announced the establishment of its dedicated investment arm, Pump Fund, and launched its first hackathon project, Build in Public (BiP). The investment scale is significant—$3 million allocated to 12 new tokens issued through the platform, with each project receiving $250,000, corresponding to a $10 million project valuation. More notably, in addition to funding, Pump.fun will also deploy founder-level teams to provide guidance and resource support.
This move is somewhat different. For a long time, Pump.fun has been the strongest engine for growth in the Meme sector, playing a behind-the-scenes role—earning fees through platform mechanisms. Now, the official team is directly involved, using real money to pick specific token projects. This clear attitude signal may be more valuable than the money itself. The 12 selected projects have a good chance to become seed players in the Meme market during this period.
From the data, Pump.fun’s ability to attract funds is indeed extraordinary. According to on-chain data, the platform’s total historical revenue has exceeded $954.8 million. Although recent Meme popularity has declined and daily revenue has fluctuated, this scale already proves its dominance in the sector. Now that the official has begun actively participating in project investments, the subsequent ecosystem developments are worth continuous attention.
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TommyTeacher
· 01-20 04:57
Whoa, Pump.fun is directly stepping in to throw money? Are they trying to monopolize the entire Meme market?
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DefiSecurityGuard
· 01-20 04:53
hold up... $3M split across 12 projects? that's just $250k per token. ngl, feels like they're essentially picking which honeypots get official blessing here. DYOR on those contracts before touching anything, seriously.
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GasFeeCrier
· 01-20 04:44
Wow, Pump.fun is directly making a move into investment this time. Going from a middleman earning fees to a VC, this momentum is a bit crazy.
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GamefiGreenie
· 01-20 04:35
Wow, Pump.fun was directly invested in by the official? They're planning to spend 3 million to create 12 new Meme giants, each project valued at 10 million. That's a bold move.
On January 20th, Pump.fun officially announced the establishment of its dedicated investment arm, Pump Fund, and launched its first hackathon project, Build in Public (BiP). The investment scale is significant—$3 million allocated to 12 new tokens issued through the platform, with each project receiving $250,000, corresponding to a $10 million project valuation. More notably, in addition to funding, Pump.fun will also deploy founder-level teams to provide guidance and resource support.
This move is somewhat different. For a long time, Pump.fun has been the strongest engine for growth in the Meme sector, playing a behind-the-scenes role—earning fees through platform mechanisms. Now, the official team is directly involved, using real money to pick specific token projects. This clear attitude signal may be more valuable than the money itself. The 12 selected projects have a good chance to become seed players in the Meme market during this period.
From the data, Pump.fun’s ability to attract funds is indeed extraordinary. According to on-chain data, the platform’s total historical revenue has exceeded $954.8 million. Although recent Meme popularity has declined and daily revenue has fluctuated, this scale already proves its dominance in the sector. Now that the official has begun actively participating in project investments, the subsequent ecosystem developments are worth continuous attention.