Pump.Fun的5億美元ICO：Memecoin Mania還是籌款的未來？

Pump.Fun創紀錄的5億美元ICO具有加密世界的嗡嗡聲。它是鍋中的閃光燈，還是標誌著令牌發布的新時代？讓我們潛水。

Pump.fun's $500M ICO: Memecoin Mania or the Future of Fundraising?

Pump.Fun的5億美元ICO：Memecoin Mania還是籌款的未來？

Pump.fun's recent $500 million ICO in just 12 minutes has turned heads. Is this a new dawn for ICOs, or just another meme coin mirage? Let's break it down, New York style.

Pump.Fun在短短12分鐘內最近耗資5億美元的ICO傾斜了。這是ICO的新黎明，還是另一個模因硬幣幻影？讓我們分解，紐約風格。

The Pump.fun Phenomenon: $500M in 12 Minutes? Seriously?

泵。 FUN現象：12分鐘內5億美元？嚴重地？

On July 12, 2025, Pump.fun, a Solana-based memecoin launchpad, made headlines by raising a staggering $500 million through its ICO in just 12 minutes. That’s faster than it takes to find a decent slice in Times Square! The PUMP token sale offered 125 billion tokens at $0.004 each, representing 12.5% of the total supply, valuing the project at a cool $4 billion.

2025年7月12日，總部位於Solana的Memecoin Launchpad Pump.Fun通過在僅12分鐘內通過其ICO籌集了驚人的5億美元，成為頭條新聞。這要比在時代廣場找到一個不錯的切片要快！泵令牌銷售提供1.250億個令牌，每個令牌為0.004美元，佔總供應量的12.5％，以40億美元的價格評估該項目。

Token Distribution: Where Did All the Money Go?

代幣發行：所有錢都去了哪裡？

Initially, Pump.fun planned to allocate 33% of tokens to the ICO, but only 12.5% was offered in the public auction. The rest? A significant 18% went to institutional investors through private sales. This shift has sparked debate about fairness and whether Pump.fun is prioritizing big players over the community. It's like promising your friends front-row seats and then selling them to the highest bidder.

最初，Pump.Fun計劃將33％的令牌分配給ICO，但在公開拍賣中只提供了12.5％。其餘的部分？私人銷售向機構投資者致敬18％。這種轉變引發了關於公平性以及pump.fun是否優先考慮社區中的大型球員的辯論。這就像保證您的朋友前排座位，然後將它們賣給出價最高的人。

Market Volatility: From Boom to Bust (and Maybe Back Again?)

市場波動：從繁榮到胸圍（也許再次回來？）

Trading was wild. PUMP tokens initially soared to $0.00002000 before crashing 86% to $0.00000235. Traders called it “speculative profit-taking,” which is basically Wall Street speak for “everyone’s trying to get rich quick.” Despite the volatility, interest remains high, and analysts are watching closely to see if support holds above $0.00000200.

交易是瘋狂的。泵代幣最初飆升至$ 0.00002000，然後崩潰86％至$ 0.00000235。商人稱其為“投機利潤”，這基本上是華爾街說“每個人都在努力迅速致富”。儘管有波動性，但興趣仍然很高，分析師正在密切關注，以查看支持是否持有$ 0.00000200。

ICOs: A Blast From the Past or the Future of Fundraising?

ICO：過去還是籌款的未來？

Pump.fun's co-founder, Alon, believes ICOs are the best way to quickly distribute tokens to a wide audience. Haseeb Qureshi of Dragonfly Capital thinks this launch could make PUMP one of the highest-grossing revenue tokens in crypto. But not everyone's thrilled. Mary Bent of Truth for the Commoner worries that platforms like Pump.fun are leading Gen Z to ruin. It's a mixed bag, just like a New York street vendor's mystery meat.

Fump.Fun的聯合創始人Alon認為，ICO是快速向廣大觀眾分發令牌的最佳方法。 Dragonfly Capital的Haseeb Qureshi認為，這種發射可能使泵成為加密貨幣中收入最高的收入令牌之一。但是並不是每個人都很興奮。瑪麗·賓特（Mary Bern）的真理，因為pump.fun之類的平台使Z世代毀了。這是一個混合的袋子，就像紐約街攤販的神秘肉一樣。

Pump.fun: More Than Just a Meme Coin Factory?

pump.fun：不僅僅是模因硬幣工廠嗎？

Pump.fun allows users to launch tokens in seconds and has become a major player in the memecoin space. While criticized for the quality of projects, the platform’s acquisition of Kolscan suggests ambitions beyond just creating viral tokens. Pump.fun aims to

pump.fun允許用戶在幾秒鐘內啟動令牌，並已成為Memecoin空間中的主要參與者。該平台對項目的質量批評，但該平台對Kolscan的收購表明了野心不僅僅是創建病毒令牌。泵的目標是