The Most Talked About Altcoin of Recent Days Has Finally Hit the Market - Here is the Initial Price!

The new altcoin PUMP officially started trading today.

According to GMGN data, as of 20:13 (UTC+3), the price of the token was determined to be 0.0061301 dollars. This price raised the fully diluted valuation of PUMP, calculated based on the total supply, to (FDV) 6.13 billion dollars. Compared to the public offering price of 0.004 dollars, this represents an increase of approximately 53.25%.

The price of the token at the time this article was written was at the level of 0.005429 dollars.

According to the announcement made via Binance Alpha, PUMP is now active on the platform. Binance Futures has started to transition the PUMPUSDT futures contract from pre-market mode to standard USDⓈ-M contracts as of 20:20. The completion of this transition may take up to an hour depending on the stability of the spot price. However, the trading process will not be affected by this situation; all open orders and positions will be preserved.

The first coin offering of PUMP started on July 12, (ICO) and was completed in just 12 minutes, raising 500 million dollars. This rapid sale revealed a significant demand for the token based on its 4 billion dollar valuation.

Before the trading opened, PUMP, which attracted great interest, became the third contract with the highest volumes during the pre-market futures on the Hyperliquid platform. Despite only being traded with 3x leverage, it came after BTC and ETH, which are offered with 40x and 25x leverage respectively. Although the token reached a peak valuation of 7.2 billion dollars in pre-market trading, it pulled back to the opening price.

The launch process of the token brought discussions regarding its valuation in the ICO. While some investors found the $4 billion valuation "exploitative," others considered this pricing fair for a protocol that has generated $720 million in revenue since the first quarter of 2024.

The profitability of PUMP in 2025 has slowed down somewhat compared to 2024. The platform, which only lagged behind Tether and Circle in 2024, continues to remain strong in 2025 and is currently the seventh project that has generated the most revenue in the DeFi ecosystem over the last 30 days. The protocol has generated 264 million dollars in revenue since the beginning of the year and is preparing to have July as the lowest revenue month since September 2024.

However, it should not be forgotten that PUMP is actually extremely risky due to its relationship with the memecoin world. Additionally, the PUMP team sells the revenues they obtain from the platform in large chunks on centralized crypto exchanges.