Pump.relaxing’s $PUMP token launches at $5.6B valuation

Dwelling » Meme Coins » Pump.relaxing’s $PUMP token launches at $5.6B valuation

The highly anticipated PUMP birth opened at a $5.6B valuation with listings on high exchanges including Hyperliquid.

Meme coin launchpad Pump.relaxing launched its PUMP token earlier this day across main crypto exchanges after raising $500 million in an ICO that offered out in below 12 minutes over the weekend.

$PUMP shopping and selling is now reside!

thank you to all who participated in the $PUMP public sale. it’s time to construct the vogue forward for crypto and social media on Solana.

we would possibly perhaps maybe no longer be extra enraged for what’s to advance support! pic.twitter.com/6p7qdXLb1t

— pump.relaxing (@pumpdotfun) July 14, 2025

PUMP opened at $0.0056, giving it a $5.6 billion totally diluted valuation. The token briefly spiked to $0.0065 before retracing to $0.0054 at press time.

The birth wasn’t with out controversy. All over the weekend presale, Kraken co-CEO Arjun Sethi acknowledged that some users had been unable to pause their orders due to the map constraints. Sethi said Kraken will airdrop tokens to affected users, buying them on the secondary market at a top class.

Bybit also faced complaints, in the beginning blaming Pump.relaxing for an API prolong before editing its observation. The change later launched it would possibly perhaps maybe maybe concern a $20 space rate saver to all affected users as a gesture of goodwill, even supposing many questioned the resolution, asserting it felt insufficient for lacking out on the presale.

PUMP is now on hand for space shopping and selling and deposits across Bybit, MEXC, Bitget, Gate, KuCoin, and Hyperliquid, with the latter offering up to 5x leverage on perpetual contracts.