PumpFun To Launch Token Within Weeks?

Alpha Team
June 04, 2025

Pump.fun Token Launch Sparks Concerns

Pump.fun Launches Token Sale: On June 3, 2025, Blockworks reported Pump.fun, a Solana memecoin platform, is launching a token with a $1B sale at a $4B valuation. A 10% airdrop is rumored. It earned $700M+ since 2024, with 30,000-40,000 daily token launches in May. Some community members view the token positively, while others link it to frequent rug pulls, raising concerns about its overall impact on the crypto space.

Deposits and Rug Pulls Highlighted: On May 30, 2025, Onchain Lens reported Pump.fun deposited 156,425 SOL ($25.74M) to Kraken, totaling 2,344,517 SOL ($383.77M) in 2025, likely sold off. Some see these deposits as routine, while others worry they pull value from Solana’s ecosystem. The token news also saw Solana-based meme coins like BONK drop 10%.

Pump.fun’s Revenue and DEX Growth: Pump.fun’s revenue exceeds $700M since 2024, with PumpSwap DEX, launched March 20, 2025, handling 10% of Solana’s volume and $2.43B in 10 days. Daily fees hit $2M in May. Reduced activity suggests the token launch may aim to revive the platform. Some are hopeful about the token’s potential, while others anticipate its "extractive" practices might lead to price volatility. Read More.

️ On today's Top Picks:

💰 Circle $CRCL raises ~$1.1B in IPO, market value of ~$6.9B.
🚀 Farcaster launches support for HyperEVM.
🚨 Google releases Chrome security update patching zero-day.
✨ 3Jane raises $5.2M in Seed funding led by Paradigm.

Read time: ⏰ 5 minutes

Crypto News

• ⭐️ PumpFun reportedly plans to launch a token; reportedly plans to raise $1B at $4B valuation via token sale within the next two weeks.

• Ethereum $ETH Foundation releases its Treasury Policy; outlines approach to macroeconomics, the management of crypto and fiat-denominated assets, and more.

• Hyperliquid $HYPE Trader James Wynn liquidated again for ~$25M; still holds an ~$80M position with a liquidation price of ~$104K.

• Magic Eden $ME to launch $TRUMP-branded crypto wallet; though Donald Trump Jr has stated "The Trump Organization has zero involvement..."

• ⭐️ Circle $CRCL raises ~$1.1B in IPO, selling 34M shares at ~$31; pricing implies a market value of ~$6.9B and an FDV of ~$8.1B.

• MoonPay secures BitLicense and money transmitter licenses from NYDFS; allows MoonPay to operate across all 50 US states.

Alpha

• ⭐️ Farcaster launches support for HyperEVM; use HyperEVM within wallet and mini apps.

• Farcaster launches Break Monad campaign; use Monad within wallet and mini apps.

• Namada $NAM to resubmit phase 4 proposal due to shielding rewards issue; to launch phase 4 next week; targeting phase 5 by this month.

• YO to drop 7x points multiplier on June 6th; to reveal a new (lower) points multiplier soon.

• Zoolini to launch NFT mint on June 18th; multiple crypto communities are eligible for whitelist.

Airdrops

• Weekly Airdrop Recap (May 31) by Earndrop.

• Sonic opens upcoming $S airdrop to US residents; the first airdrop to reach the US legally.

• World Liberty launches $USD1 airdrop; WLFI holders are eligible.

• Lagrange launches $LA airdrop claim; claim on Ethereum, Base, Arbitrum, Optimism, Polygon, or Solana.

• ICYMI Weekly Airdrop Recap (May 23) by Earndrop.

Finance News

• US President Trump to speak with Chinese President Xi on Friday, per White House sources.

• Trump Media & Technology Group $DJT files for Truth Social Bitcoin $BTC ETF; Trump Media also recently raised $2.32B to buy BTC.

• Semler Scientific $SMLR buys an additional 185 Bitcoin $BTC for ~$20M; now holds 4,449 BTC worth ~$466M.

• The Blockchain Group $ALTBG buys an additional 624 Bitcoin $BTC for ~$68.7M; now holds 1,471 BTC worth ~$155M.

• US President Trump signs proclamation raising tariffs on steel and aluminum imports by 50%; takes effect on June 4th.

Security and Exploits

• ⭐️ Google releases Chrome security update; patches three vulnerabilities, including a zero-day being actively exploited in the wild.

• Mozilla ramps up defenses against malicious crypto-drainer extensions on Firefox; enhances its add-on review process with an early detection system.

• ScamSniffer May 2025 Phishing Report reveals $9.69M in losses from 7,547 victims; $3.13M from approval signature phishing and $2.59M from address poisoning attacks.

Token Unlocks

• Ethena $ENA / ~$55M / JUN 05th
• Taiko $TAIKO / ~$48M / JUN 05th
Sourced from Tokenomist

Funding

• Rails raises $14M in Private Token Sale from several investors.

• Avantis raises $8M in Series A funding led by Pantera Capital & Founders Fund.

• ⭐️ 3Jane raises $5.2M in Seed funding led by Paradigm.

• Launcher Capital raises $4M in Seed funding led by a16z Crypto CSX.

• Sunrise raises $3M in funding from several investors.

• Shards Protocol raises $2M in funding from several investors.

• Variational raises $1.5M in Strategic funding from several investors.

• Orionx raises an undisclosed amount in Series A funding led by Tether.

• Monarq raises an undisclosed amount in Strategic funding from FalconX.

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PROTOCOL	ASSETS	APY
Curve DEX (Ethereum)	IDAIIUSDCIUSDT	91.71%
Peapods Finance (Arbitrum)	USDC	68.65%
Synthetix V3 (Base)	USDC	44.20%
Uniswap V3 (Ethereum)	SUSDEUSDT	40.07%
Merkl (Ethereum)	KPDUSDC	35.00%
Spectra V2 (Ethereum)	CUSDO	33.69%
SMARDEX AMM (Ethereum)	USDN	24.42%
FlowX V3 (Sui)	SBUSDTUSDC	23.80%

. . .

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That’s it for today’s edition! See you soon.

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