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The founder of pump.fun, CTO Token ALON, has a market capitalization that has surpassed 17 million USD, with a rise of over 190% in the last 24 hours.
On June 3, according to GMGN market data, the market value of LON, the founder of the pump.fun founder's CTO token, exceeded $17 million and is now trading at $17.81 million, an increase of 191% in 24 hours. pump.fun founders previously said in January that they had taken over the ALON token TG group and paid for Dexscreener.