Pump.Fun的5亿美元ICO：Memecoin Mania还是筹款的未来？

Pump.Fun创纪录的5亿美元ICO具有加密世界的嗡嗡声。它是锅中的闪光灯，还是标志着令牌发布的新时代？让我们潜水。

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

Pump.Fun的5亿美元ICO：Memecoin Mania还是筹款的未来？

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分钟内最近耗资5亿美元的ICO倾斜了。这是ICO的新黎明，还是另一个模因硬币幻影？让我们分解，纽约风格。

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

泵。FUN现象：12分钟内5亿美元？严重地？

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，总部位于Solana的Memecoin Launchpad Pump.Fun通过在仅12分钟内通过其ICO筹集了惊人的5亿美元，成为头条新闻。这要比在时代广场找到一个不错的切片要快！泵令牌销售提供1.250亿个令牌，每个令牌为0.004美元，占总供应量的12.5％，以40亿美元的价格评估该项目。

Token Distribution: Where Did All the Money Go?

代币发行：所有钱都去了哪里？

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计划将33％的令牌分配给ICO，但在公开拍卖中只提供了12.5％。其余的部分？私人销售向机构投资者致敬18％。这种转变引发了关于公平性以及pump.fun是否优先考虑社区中的大型球员的辩论。这就像保证您的朋友前排座位，然后将它们卖给出价最高的人。

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

市场波动：从繁荣到胸围（也许再次回来？）

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.

交易是疯狂的。泵代币最初飙升至$ 0.00002000，然后崩溃86％至$ 0.00000235。商人称其为“投机利润”，这基本上是华尔街说“每个人都在努力迅速致富”。尽管有波动性，但兴趣仍然很高，分析师正在密切关注，以查看支持是否持有$ 0.00000200。

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

ICO：过去还是筹款的未来？

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的联合创始人Alon认为，ICO是快速向广大观众分发令牌的最佳方法。 Dragonfly Capital的Haseeb Qureshi认为，这种发射可能使泵成为加密货币中收入最高的收入令牌之一。但是并不是每个人都很兴奋。玛丽·宾特（Mary Bern）的真理，因为pump.fun之类的平台使Z世代毁了。这是一个混合的袋子，就像纽约街摊贩的神秘肉一样。

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

pump.fun：不仅仅是模因硬币工厂吗？

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允许用户在几秒钟内启动令牌，并已成为Memecoin空间中的主要参与者。该平台对项目的质量批评，但该平台对Kolscan的收购表明了野心不仅仅是创建病毒令牌。泵的目标是