Pump.fun’s new PUMP token began public trading today. The token launched at a price of $0.0062, over 50% higher than its public sale two days ago. Despite skepticism and setbacks, the launch has proven notably successful.

So far, around 55% of PUMP trading is on decentralized exchanges, including Pumpswap, Raydium, and Meteora. Bybit and KuCoin represent the majority of PUMP’s CEX trade volume.

PUMP Is Now Available for Trading

Pump.fun, the most popular meme coin launchpad, has built a lot of hype with its new PUMP token. After some confusion regarding the launch announcement, the presale took place on July 12, selling out in 12 minutes.

Today, PUMP trading is now open to the public, allowing retail investors to participate:

As far as token launches go, Pump.fun has created a huge hit with PUMP.

According to data from GMGN, PUMP started trading at $0.0061301, giving it a fully diluted valuation (FDV) of $6.13 billion. This is impressive compared to its publ