SUBJECT
Native token of Pump.fun / Baton Corporation Ltd.
TOKEN OVERVIEW
- Token Type: Utility / Governance token on Solana blockchain
- Total Supply: 1,000,000,000,000 PUMP (1 trillion)
CHRONOLOGICAL TIMELINE
Early Rumors Surface
Speculation circulates regarding potential native token launch. Reports intensify in February 2025 with mentions of potential Dutch auction or public sale.
Public Denial by Alon Cohen
"Seeing rumors about a potential pump fun token – these are wrong. Would advise not to listen to anything that didn't directly come from Pump.fun."
Token Launch Announcement
Official announcement via Pump.fun communications confirming PUMP token launch and ICO details.
Source: [2]ICO / Public Sale
Start: July 12, 2025 at 14:00 UTC
Duration: July 12–15, 2025 or until sold out
- Offered: 150 billion PUMP initially (15% of total supply)
- Price: $0.004 per token
- Actual Sold: 125 billion PUMP
- Public Sale Raised: ~$500 million
- Private Sales: ~$720 million (reported)
- Total Raise: ~$1.2–$1.3 billion
- Implied FDV at Launch: $4 billion
Post-Launch Distribution
Tokens initially frozen, then distributed within 48–72 hours. Trading commenced shortly after with listings on major exchanges including Bybit, KuCoin, Kraken, and others.
Airdrop Delay Statement
Alon Cohen stated on Threadguy podcast: no airdrop "in the immediate future"
Source: [5]All-Time High
PUMP reaches ATH of ~$0.0088–$0.012 USD
MARKET PERFORMANCE (AS OF JANUARY 31, 2026)
Performance Summary
- All-Time High: $0.0088–$0.012 USD (September 2025)
- Down from ATH: -68% to -77%
- Data Source: CoinGecko
AIRDROP STATUS
Initial Teases & Community Allocation
- Teased in ICO materials and community communications
- Referenced as part of 24% ecosystem/community allocation
- Initial hints of post-launch distribution
Outstanding Issues
- No confirmed snapshot date
- No eligibility criteria disclosed
- No distribution timeline announced
- Community discussions reference ongoing delay / absence of details
UNCORROBORATED / REDACTED ATTRIBUTES
- Exact final ICO allocation breakdown post-adjustments (reports vary between $500M–$600M public; private amounts inconsistent across sources)
- Precise airdrop mechanics, criteria, timeline, or percentage of supply (community allocation referenced but no public execution details)
- Full vesting/unlock schedule impacts on circulating supply beyond partial reports (e.g., team/investor cliffs noted in some analyses)
- Long-term revenue-sharing or buyback mechanisms tied to PUMP holders (speculated in pre-launch reports; no confirmed implementation details)