VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has launched a public token sale for pump.fun (PUMP), the native token of the viral Solana-based memecoin platform pump.fun.

The sale opens on July 10, 2025, at 10:00 (UTC) and runs for 24 hours, closing on July 11 at 10:00 (UTC). With a fixed swap price of $0.004 per token, participants can subscribe using USDT and USDC, with individual contributions ranging from 5 to 1,000,000 coins. A total of 150 billion PUMP tokens will be available for sale, representing a $600 million total subscription quota from a total supply of 1 trillion tokens.

The PUMP token fuels the pump.fun platform, which has become a creative hub for memecoin launches and community experimentation on Solana. The token’s introduction marks a new chapter in enabling crypto-native meme culture and grassroots innovation. Following the token sale, trading for PUMP/USDT will go live on Bitget Spot on July 11 at 12:00 (UTC).

PUMP is the native utility token of the Pump.Fun platform, which includes the pump.fun launchpad and the swap.pump.fun automated market maker (AMM) protocol. While the platform remains fully permissionless and does not require the token for access, PUMP may be used in promotional activities and future utilities tied to the Pump.Fun ecosystem.

Bitget continues to expand its footprint in the spot crypto market. With a 24-hour trading volume of over 3.56 billion USDT, Bitget ranks as the third-largest spot exchange, according to Coingecko. The platform supports about 700 tokens, and has previously hosted high-profile token sales, including The WalletConnect Network, Jambo, and Fuel Ignition.

For more details, visit the official announcement.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21450d7f-47de-4b29-b35a-388ccd53b022