- Coinbase will list $PUMP token on July 10, two days before its official public ICO release.
- Pump.Fun allocates one-third of its total $PUMP supply for ICO, priced at $0.004 per token.
- The acquisition of Kolscan aims to boost trader insights and expand Pump.Fun’s social trading features.
Coinbase International Exchange has confirmed it will list the $PUMP token before its Initial Coin Offering. Trading is expected to begin on or after 8 p.m. UTC on July 10, 2025. This listing will be available on both the Coinbase International and Coinbase Advanced platforms.
Pump.Fun, the Solana-based launchpad behind the token, is set to open its ICO on July 12. The platform will offer 1 trillion $PUMP tokens, accounting for 33% of the total supply. Of this, 15 percent is designated for public retail sale. Private investors have already secured 18 percent of the supply at the same $0.004 per token rate.
Token Allocation Focused on Ecosystem, Team, and Liquidity
Beyond the ICO, Pump.Fun has outlined its token distribution strategy. A total of 24 percent is reserved for ecosystem and community projects, while 20% is allocated to the team. Additionally, 13% will go to existing investors. The remaining tokens are divided among the foundation, livestreaming development, and liquidity provisioning.
Following the ICO, $PUMP tokens are expected to begin trading between 48 and 72 hours later. Major exchanges, including Bybit, KuCoin, and Kraken, are set to support trading. The delay is aimed at minimizing extreme volatility and ensuring stable market entry.
In a related development, Pump.Fun has acquired Kolscan, a wallet tracking platform. The integration aims to improve the platform’s analytics and trading tools. Kolscan’s data insights will offer real-time tracking of on-chain trader activity, allowing users to monitor performance and compare strategies.
Whale Investors Hedge with $7M in Short Positions
Meanwhile, data indicates that two large whale wallets have opened short positions totaling $7 million in USDC. These were placed with 1x leverage on HyperLiquid. The move signals a cautious approach by institutional players as the token prepares to enter the market.
Despite early hedging activity, Pump.Fun’s management maintains a growth-focused vision. The platform aims to compete with leading content platforms by combining social interaction with trading incentives.
