Pump.fun Acquires #Kolscan Ahead of $1 Billion Token Sale


  Pump.fun has made its first acquisition by purchasing wallet-tracking platform Kolscan before Saturday's ICO launch.


The acquisition targets gamification features to compete with rising rival #LetsBonk in the #memecoin space.


Kolscan monitors top on-chain traders with real-time transactions and performance leaderboards.


Co-founder Alon Cohen believes on-chain trading is a "social sport" requiring social insights and gamification.


The $PUMP token sale aims to raise $1 billion with 330 billion tokens priced at $0.004 each.


Institutional investors get 180 billion tokens while the public sale comprises 150 billion $PUMP tokens.


The platform plans to improve Kolscan's reliability and add copytrading insights for users.


U.S. and U.K. investors are banned from the ICO due to #regulatory concerns.

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July 11, 2025 at 2:43 PM
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