Valuation – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 13 Sep 2025 06:41:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.9 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Valuation – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Polymarket seeking funding round that could surge its valuation to $10B https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-surge-its-valuation-to-10b/ https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-surge-its-valuation-to-10b/#respond Sat, 13 Sep 2025 06:41:43 +0000 https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-surge-its-valuation-to-10b/

Prediction market Polymarket is pursuing new funding that could boost its valuation to $10 billion, as Business Insider reported on Sept. 12.

Two people with knowledge of the matter said the valuation discussions represent at least a threefold increase from the $1 billion Polymarket achieved in a funding round that closed this summer.

According to one source, at least one investor offered a term sheet valuing the company at $10 billion. A Polymarket spokesperson declined to comment on the funding talks.

Strategic developments

The reported valuation surge follows a series of strategic developments positioning Polymarket for a US comeback.

The Commodity Futures Trading Commission granted regulatory approval for the platform to resume US operations through a no-action letter issued Sept. 3 to QCX LLC, Polymarket’s regulatory partner, acquired for $112 million in July.

The regulatory greenlight enables Polymarket to operate event contracts while maintaining compliance with federal derivatives regulations. It also marks a return after the platform ceased US operations in 2022 following a $1.4 million CFTC settlement over unregistered derivatives trading.

Additionally, Donald Trump Jr. joined Polymarket’s advisory board in August as his venture capital firm 1789 Capital made a strategic investment in the platform.

The partnership adds political expertise as Polymarket prepares for US market entry. Trump Jr. recently praised the platform for cutting through “media spin and so-called expert opinion.”

Polymarket CEO Shayne Coplan characterized the 1789 Capital partnership as reinforcing the company’s role as a trusted information source, while the firm’s founder, Omeed Malik, praised Polymarket’s intersection of financial innovation and free expression.

Slump in user growth

Polymarket operates as a prediction market where users place bets on outcomes ranging from political elections to cultural events, generating market-driven predictions.

Data from a Dune dashboard by Varrock founder Richard Chen shows that Polymarket crossed $8.5 billion in year-to-date trading volume as of Sept. 12, surpassing last year’s total volume.

The trading volume increase occurs despite a slump in active and new users. Polymarket’s monthly active traders peaked in January at 454,664, gradually falling to reach August’s 226,442 after a 20% fall from July.

Meanwhile, new users plunged 33% between July and August, reaching 66,160, the lowest level in a year.

The platform’s regulatory preparations and high-profile advisory additions position it for a potential pivot in these numbers with a US expansion.

Mentioned in this article
]]>
https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-surge-its-valuation-to-10b/feed/ 0 58183
Polymarket seeking funding round that could 10x its valuation to $10B https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-10x-its-valuation-to-10b/ https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-10x-its-valuation-to-10b/#respond Fri, 12 Sep 2025 21:59:57 +0000 https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-10x-its-valuation-to-10b/

Prediction market Polymarket is pursuing new funding that could boost its valuation to $10 billion, as Business Insider reported on Sept. 12.

Two people with knowledge of the matter said the valuation discussions represent at least a threefold increase from the $1 billion Polymarket achieved in a funding round that closed this summer.

According to one source, at least one investor offered a term sheet valuing the company at $10 billion. A Polymarket spokesperson declined to comment on the funding talks.

Strategic developments

The reported valuation surge follows a series of strategic developments positioning Polymarket for a US comeback.

The Commodity Futures Trading Commission granted regulatory approval for the platform to resume US operations through a no-action letter issued Sept. 3 to QCX LLC, Polymarket’s regulatory partner, acquired for $112 million in July.

The regulatory greenlight enables Polymarket to operate event contracts while maintaining compliance with federal derivatives regulations. It also marks a return after the platform ceased US operations in 2022 following a $1.4 million CFTC settlement over unregistered derivatives trading.

Additionally, Donald Trump Jr. joined Polymarket’s advisory board in August as his venture capital firm 1789 Capital made a strategic investment in the platform.

The partnership adds political expertise as Polymarket prepares for US market entry. Trump Jr. recently praised the platform for cutting through “media spin and so-called expert opinion.”

Polymarket CEO Shayne Coplan characterized the 1789 Capital partnership as reinforcing the company’s role as a trusted information source, while the firm’s founder, Omeed Malik, praised Polymarket’s intersection of financial innovation and free expression.

Slump in user growth

Polymarket operates as a prediction market where users place bets on outcomes ranging from political elections to cultural events, generating market-driven predictions.

Data from a Dune dashboard by Varrock founder Richard Chen shows that Polymarket crossed $8.5 billion in year-to-date trading volume as of Sept. 12, surpassing last year’s total volume.

The trading volume increase occurs despite a slump in active and new users. Polymarket’s monthly active traders peaked in January at 454,664, gradually falling to reach August’s 226,442 after a 20% fall from July.

Meanwhile, new users plunged 33% between July and August, reaching 66,160, the lowest level in a year.

The platform’s regulatory preparations and high-profile advisory additions position it for a potential pivot in these numbers with a US expansion.

Mentioned in this article
]]>
https://earlybirdsinvest.com/polymarket-seeking-funding-round-that-could-10x-its-valuation-to-10b/feed/ 0 58120
Figure Tech Targets $4.3B Valuation in September IPO, Fueling Crypto’s Public Frenzy https://earlybirdsinvest.com/figure-tech-targets-4-3b-valuation-in-september-ipo-fueling-cryptos-public-frenzy/ https://earlybirdsinvest.com/figure-tech-targets-4-3b-valuation-in-september-ipo-fueling-cryptos-public-frenzy/#respond Tue, 02 Sep 2025 18:35:25 +0000 https://earlybirdsinvest.com/figure-tech-targets-4-3b-valuation-in-september-ipo-fueling-cryptos-public-frenzy/

Journalist

Hassan Shittu

Journalist

Hassan Shittu

About Author

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in…

Last updated: 

Blockchain-based lender Figure Technology Solutions Inc. is preparing to go public this month in one of the most closely watched listings in the crypto-fintech sector.

The company and its backers are seeking to raise up to $526 million through an initial public offering, according to a filing with the U.S. Securities and Exchange Commission.

According to a Bloomberg report, Figure plans to sell 21.5 million shares priced between $18 and $20 each, while existing shareholders are offering an additional 4.9 million shares. At the top of that range, the firm would command a market capitalization of $4.13 billion, surpassing its $3.2 billion valuation from a 2021 venture round.

The company is expected to price its shares on September 10, with trading set to begin on Nasdaq under the ticker symbol FIGR. Goldman Sachs, Jefferies, and Bank of America are leading the offering.

Figure IPO Follows Strong Revenue Growth and Blockchain Expansion

Founded in 2018 by Mike Cagney, the former chief executive of SoFi Technologies, Figure has positioned itself as a developer of blockchain-based solutions to streamline consumer lending.

The firm began with home equity line of credit (HELOC) products and has since expanded into crypto-backed loans and a digital asset exchange.

To date, it has originated or purchased more than $16 billion in loans on-chain. In August, the company increased its HELOC borrowing limit from $400,000 to $750,000 to capture a larger share of equity-rich homeowners.

Figure has also moved into artificial intelligence, using OpenAI’s technology to evaluate loan applications and Google’s Gemini chatbot to improve customer interactions.

According to its filing, customers for partner-branded HELOC loans in the first half of 2025 had a weighted average FICO score of 756, slightly higher than the 749 average for its own-branded loans.

The company’s growth trajectory has accelerated in 2025. For the six months ending June 30, Figure reported a net income of $29.1 million on revenue of $190.6 million, compared with a net loss of $15.6 million on $156 million in revenue during the same period last year.

Investors include Apollo Global Management, 10T Holdings, and Ribbit Capital. Despite the IPO, Cagney will continue to control a majority of the voting power, the filing shows.

Michael Tannenbaum, formerly with Brex and SoFi, was appointed CEO in 2024, tasked with guiding the company’s public market debut and scaling its blockchain-based lending products.

Beyond lending, Figure is pursuing regulatory approval for what it says could be the first U.S.-approved interest-bearing stablecoin structured as a security.

Figure’s offering follows a series of confidential filings earlier this year, with the company formally submitting its registration in mid-August.

Marketing presentations to investors emphasize its ability to pair blockchain efficiency with traditional financial rigor, noting cost reductions in loan origination and securitization.

In addition to loan products, Figure recently rolled out its Intellidebt solution, which has already helped customers pay off $133 million in debt by consolidating credit cards, auto loans, and personal loans into single payment structures.

Crypto IPO Rush Accelerates as Gemini and Circle Join Wall Street Frenzy

Crypto-linked companies are racing to public markets this fall, capitalizing on renewed investor appetite and favorable conditions in the U.S.

According to recent filings, Gemini Space Station, the parent of crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, is seeking up to a $2.22 billion valuation in its Nasdaq debut.

The New York-based firm plans to sell 16.67 million Class A shares at $17 to $19 each, potentially raising $317 million. Shares will trade under the ticker GEMI, with underwriters granted an option to buy an additional 2.5 million shares.

Ripple has backed Gemini’s listing with a $75 million credit facility, expandable to $150 million.

The surge in activity comes after Circle Internet Group’s successful market debut earlier this year, which more than doubled its value. It now boasts a $30 billion market cap.

The strong performance has fueled optimism that 2025 could mark a turning point for digital asset firms after years of regulatory and market headwinds.

Wall Street banks are fielding heightened demand from technology and crypto issuers. Goldman Sachs’ co-head of equity capital markets, Will Connolly, said firms are accelerating timelines, with some originally targeting 2026, now asking to move forward this year.

JPMorgan’s Keith Canton projects that dozens of IPOs could close before year-end, raising more than $15 billion.

Beyond traditional listings, crypto-focused special purpose acquisition companies (SPACs) are also entering the fray. Bitcoin Infrastructure Acquisition Corp., a Cayman Islands-based blank-check firm, filed to raise $200 million to target Web3, DeFi, and blockchain finance companies, listing on Nasdaq under the ticker BIXIU.

Other listings include Bullish, a Peter Thiel-backed exchange that raised $1.15 billion in its NYSE debut, entirely in stablecoins. Bullish joined Coinbase and Circle among the best-performing crypto IPOs of 2025, with Circle and CoreWeave delivering 336% and 132% returns, respectively.

With supportive policy shifts under the Trump administration and a buoyant risk environment, crypto IPOs are gaining momentum as firms rush to secure market share before year-end.


]]>
https://earlybirdsinvest.com/figure-tech-targets-4-3b-valuation-in-september-ipo-fueling-cryptos-public-frenzy/feed/ 0 56423
Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring https://earlybirdsinvest.com/trump-backed-token-wlfi-launches-with-7-4b-valuation-sends-ethereum-gas-fees-soaring/ https://earlybirdsinvest.com/trump-backed-token-wlfi-launches-with-7-4b-valuation-sends-ethereum-gas-fees-soaring/#respond Mon, 01 Sep 2025 15:34:15 +0000 https://earlybirdsinvest.com/trump-backed-token-wlfi-launches-with-7-4b-valuation-sends-ethereum-gas-fees-soaring/

Donald Trump’s crypto initiative, World Liberty Financial, went live on Sept. 1 with a market valuation above $7.4 billion, sparking heavy trading in its opening hours.

According to CoinMarketCap data, WLFI climbed 13% to $0.2525 shortly after launch, while its trading volume has already surpassed $1.8 billion across centralized and decentralized exchanges.

Notably, this rush of activity spilled over into the broader market.

According to Milk Road data, Ethereum gas fees, which hovered near zero before the token’s debut, surged to more than 60 gwei as traders competed to settle WLFI transactions on the chain.

Ethereum Gas Fees
Ethereum Gas Fees (Source: Milk Road)

This spike highlighted how much interest the Trump-linked token has generated among retail traders and institutions.

WLFI token

In a Sept.1 blog post, the World Liberty Financial team stated that the launch introduced more than 24.6 billion WLFI into circulation.

Out of this supply, about 10 billion tokens were retained by the project’s parent company, World Liberty Financial, Inc. Another 7.78 billion tokens were assigned to Alt5 Sigma Corporation, giving it close to eight percent of the total supply as part of its treasury strategy.

Nearly 2.9 billion tokens were directed toward exchange activity to maintain liquidity and support early marketing. At the same time, more than 4 billion were distributed to public sale participants with an initial 20 percent unlocked at launch.

The team stated that the remaining 76 billion tokens are “subject to vesting schedules or are otherwise locked.” These tokens belong to its strategic partners, the project’s team, and its treasury.

Trump Jr. framed the token as central to the project’s long-term mission, emphasizing that WLFI is designed as a governance layer rather than a speculative instrument.

Meanwhile, Tron founder Justin Sun, who publicly aligned himself with the project, reinforced this position by pledging not to sell his unlocked holdings.

He also announced that to mark the launch, USD1 circulation on Tron would expand to $200 million, linking the success of WLFI with broader stablecoin growth on his blockchain.

Mentioned in this article
]]>
https://earlybirdsinvest.com/trump-backed-token-wlfi-launches-with-7-4b-valuation-sends-ethereum-gas-fees-soaring/feed/ 0 56227
OpenAI’s Valuation Explodes to $300,000,000,000 Following New $8,300,000,000 Fundraising Round: Report https://earlybirdsinvest.com/openais-valuation-explodes-to-300000000000-following-new-8300000000-fundraising-round-report/ https://earlybirdsinvest.com/openais-valuation-explodes-to-300000000000-following-new-8300000000-fundraising-round-report/#respond Fri, 01 Aug 2025 19:33:37 +0000 https://earlybirdsinvest.com/openais-valuation-explodes-to-300000000000-following-new-8300000000-fundraising-round-report/

The New York Times is reporting that OpenAI has secured $8.3 billion in a new round of funding, months ahead of schedule.

According to the NYT report, this round of investors, which includes Blackstone, TPG, T. Rowe Price, Fidelity, Andreessen Horowitz, and other financial giants, has helped blow up OpenAI’s valuation to $300 billion.

OpenAI has been planning to raise $40 billion by the end of 2025. When OpenAI announced its ambitions back in March, SoftBank immediately provided $30 billion towards the goal.

Now, in addition to $2.5 billion from venture capitalists earlier this year, OpenAI has raised a reported $40.8 billion, way ahead of schedule.

For its latest round, OpenAI’s biggest investor was Dragoneer Investment Group, a venture capitalist firm that coughed up $2.8 billion for the leading AI project.

Furthermore, OpenAI’s revenues are up $3 billion over the last month, with paid subscribers reaching the 5 million mark.

Co-founder Sam Altman’s other project, the ID-focused crypto Worldcoin (WLD), has also been growing this year, launching in the US in May.

Despite the expansion of iris-scanning devices, WLD is dipping alongside the rest of the crypto markets, trading for $0.987 at time of writing, about even with its position three months ago, and down 52% since last year.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

]]>
https://earlybirdsinvest.com/openais-valuation-explodes-to-300000000000-following-new-8300000000-fundraising-round-report/feed/ 0 50923
Coinbase Rival Kraken Looking To Go Public at $15,000,000,000 Valuation: Report https://earlybirdsinvest.com/coinbase-rival-kraken-looking-to-go-public-at-15000000000-valuation-report/ https://earlybirdsinvest.com/coinbase-rival-kraken-looking-to-go-public-at-15000000000-valuation-report/#respond Fri, 01 Aug 2025 02:08:02 +0000 https://earlybirdsinvest.com/coinbase-rival-kraken-looking-to-go-public-at-15000000000-valuation-report/

The second-largest US-based crypto exchange by trading volume is reportedly an initial public offering (IPO) candidate for next year.

Citing people familiar with the matter, The Information reports that Kraken is eyeing to raise $500 million at a $15 billion valuation.

The price tag represents a significant increase from when the 14-year-old Coinbase challenger was valued at just $11 billion in 2022.

The report says the valuation may impact the company’s plans to go public.

“What it doesn’t really have is the kind of roster of institutional investors it would likely need to pull off a public listing. This latest round could help, if it can get investors comfortable with that valuation.”

In March, Bloomberg reported that Kraken is planning a public debut in the first quarter of 2026. The development comes as a number of other crypto companies consider a stock launch following the election of Donald Trump, who vowed to support the digital assets industry.

Kraken has already started to publicly release its financial figures. In moving forward to a potential IPO, the exchange said that it is taking into account the interests of the company’s stakeholders.

“We recently disclosed 2024 financial highlights to be more transparent about our business, which is something we started by being first to publish proof of reserves and we’re going to continue to prioritize going forward. We’ll pursue public markets as it makes sense for our clients, our partners and shareholders.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/ittoilmatar

]]>
https://earlybirdsinvest.com/coinbase-rival-kraken-looking-to-go-public-at-15000000000-valuation-report/feed/ 0 50794
This Memecoin Is Primed To Explode 2,600%+ This Cycle and Hit $1,000,000,000,000 Valuation, According to Analyst https://earlybirdsinvest.com/this-memecoin-is-primed-to-explode-2600-this-cycle-and-hit-1000000000000-valuation-according-to-analyst/ https://earlybirdsinvest.com/this-memecoin-is-primed-to-explode-2600-this-cycle-and-hit-1000000000000-valuation-according-to-analyst/#respond Fri, 18 Jul 2025 19:59:18 +0000 https://earlybirdsinvest.com/this-memecoin-is-primed-to-explode-2600-this-cycle-and-hit-1000000000000-valuation-according-to-analyst/

A widely followed crypto analyst says that one popular memecoin appears ready to print staggering gains en route to a $1 trillion market cap valuation.

In a new thread, pseudonymous crypto trader Crypto Kaleo tells his 709,800 followers on the social media platform X that he envisions the dog-themed digital asset Dogecoin (DOGE) surging to a price tag of nearly $7, which would represent a massive gain of over 2,600%.

“My target for DOGE this cycle is a one trillion dollar market cap (roughly $6.9420). Memes have proven they have real value throughout the course of the bear market. The king of memes deserves to see $1 trillion.”

Dogecoin is trading for $0.24 at time of writing, a 9.97% gain during the last 24 hours.

Crypto Kaleo goes on to note he mathematically deduced his prediction by comparing how DOGE did last cycle against Bitcoin (BTC) and assuming it would follow a similar pattern.

“‘Kaleo, isn’t this a little too bullish?’ Let’s do some math! My target for Bitcoin this cycle is >$500,000. That’s >$10 trillion market cap. Last bull market, Dogecoin hit nearly 10% of BTC’s market cap. 10% of $10 trillion is $1 trillion. $1 trillion market cap for Dogecoin = ~$6.9420 per DOGE.”

The analyst concludes by saying that DOGE is currently breaking out versus the top crypto asset by market cap and that traders should expect an upcoming ‘God candle.’

“Dogecoin is breaking out vs. Bitcoin. 100%+ God candle incoming.”

GwHGl_rW4AE5bdc
Source: Kaleo/X

BTC is trading for $118,147 at time of writing, a fractional decrease on the day.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

]]>
https://earlybirdsinvest.com/this-memecoin-is-primed-to-explode-2600-this-cycle-and-hit-1000000000000-valuation-according-to-analyst/feed/ 0 48391
Pump.fun ICO Sells Out In Minutes, Raises $500M And $4B Fully Diluted Valuation https://earlybirdsinvest.com/pump-fun-ico-sells-out-in-minutes-raises-500m-and-4b-fully-diluted-valuation/ https://earlybirdsinvest.com/pump-fun-ico-sells-out-in-minutes-raises-500m-and-4b-fully-diluted-valuation/#respond Sun, 13 Jul 2025 17:13:44 +0000 https://earlybirdsinvest.com/pump-fun-ico-sells-out-in-minutes-raises-500m-and-4b-fully-diluted-valuation/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Pump.fun’s long-anticipated public token sale concluded in a mere 12 minutes, and investors snapped up the full 12.5% of its 1 trillion‑token supply in a quick move. The event raised a total of $500 million from the sale of 125 billion PUMP tokens priced at $0.004, which accounts for 12.5% of the total 1 trillion token supply. 

$500 Million Raised In Just 12 Minutes

The Pump.fun ICO has officially become one of the most explosive token launches of the year after raising $500 million and closing out its sale in just 12 minutes. The Solana-based memecoin launchpad stunned the crypto community this Saturday with an explosive public token sale offering that distributed 125 billion PUMP tokens, which amounts to about 12.5% of the total 1 trillion supply at $0.004 apiece. This complete sale brings the PUMP tokens to a fully diluted valuation (FDV) of $4 billion.

Investors participated in the ICO by buying directly on the Pump.fun official token website or any of the project’s multiple centralized exchanges, which include Bybit, KuCoin, Bitget, Kraken, Gate.io, and MEXC. According to a dashboard on the official website, $448.5 million worth of PUMP tokens were purchased on the website, $5 million worth were purchased on Gate, $30 million worth were purchased on Kraken, and $16.5 million worth of tokens were purchased on KuCoin.

Image From Pump.fun

Buyers can expect PUMP tokens to be distributed within the next 48 to 72 hours, but transfers will be temporarily disabled during this window. Transfers will be enabled immediately after the distribution is complete. Nonetheless, pre-market activity suggests strong bullish sentiment. The quick sellout indicates that the crypto could surge massively in the first few trading sessions after launch, as long as the market is still in its current bullish state at the time it launches.

Mixed Reactions After Quick Sellout

The earliest that PUMP could become tradable and accessible for US and UK users is Monday, July 14. Notably, PUMP’s pre-listing price surged to as high as $0.006989 on Hyperliquid after the sale. Although it dropped after this peak, it has recovered a bit and is now around $0.006989. 

Total crypto market cap currently at $3.63 trillion. Chart: TradingView

Notably, the project’s post of the sellout on the social media platform X was met with mixed reactions, as shown in the comments. Supporters celebrated the event, but not everyone was impressed. Some users voiced frustration over exchange issues that prevented them from completing their purchases during the short 12-minute window, while others raised questions about token distribution fairness, especially considering the discrepancy between the 33% supply initially promised for the ICO and the 12.5% that was ultimately offered in the public sale.

Image From Pump.fun

One trader reportedly opened a huge short position on Hyperliquid on $PUMP using 2x leverage with $8 million in USDC. The position is already about $800,000 in the red and is steadily approaching liquidation at $0.0085.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]>
https://earlybirdsinvest.com/pump-fun-ico-sells-out-in-minutes-raises-500m-and-4b-fully-diluted-valuation/feed/ 0 47432
Pump.fun Swiftly Raises $500M in Public Sale at $4B Fully Diluted Valuation https://earlybirdsinvest.com/pump-fun-swiftly-raises-500m-in-public-sale-at-4b-fully-diluted-valuation/ https://earlybirdsinvest.com/pump-fun-swiftly-raises-500m-in-public-sale-at-4b-fully-diluted-valuation/#respond Sun, 13 Jul 2025 10:38:16 +0000 https://earlybirdsinvest.com/pump-fun-swiftly-raises-500m-in-public-sale-at-4b-fully-diluted-valuation/

12 minutes.

That’s how long it took for Pump.fun’s token offering to raise roughly $500 million from retail investors across various exchanges, including Bybit, Kraken, and KuCoin.

jwp-player-placeholder

The sale priced 125 billion tokens at $0.004 apiece, implying a $4 billion fully diluted valuation for the Solana-based memecoin launcher’s new utility token.

For now, holders must wait to get their hands on the token they bought.

Pump.fun said the purchased tokens will land in wallets over the next 48–72 hours and will stay locked until distribution ends, blocking trades or transfers.

The team shared the official Solana contract address— pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn— and warned users to shun look-alike assets.

Read more: PUMP Lingers at 40% Premium Over ICO Price on Hyperliquid Ahead of Pump.fun Token Sale

In total, Pump.fun’s ICO was set to sell 33% of PUMP’s 1 trillion token supply, with 18% having already been allocated earlier via a private sale. The public allocation was recently lowered from 15% to 12.5%, which sold out in just 12 minutes.

Its other allocations include 20% for the team behind the project, 24% for community and ecosystem incentives, 13% for existing investors, 2.6% for liquidity, 2.4% for an ecosystem fund, with the remaining for a foundation fund and live streaming incentives.

Pump.fun allows anyone to mint and list a coin with a new token in a few clicks. When a freshly minted token reaches a specific threshold, it gets listed on decentralized exchanges.

The sale comes as the token launchpad’s metrics show a deepening decline in activity. DeFiLlama data shows that in January Pump.fun’s launchpad volume was above $11.6 billion, and has since been steadily declining to $3.65 billion last month.

Pump platform's volumes (DeFiLlama)

Pump platform’s combined volumes (DeFiLlama)

Similarly, revenue generated via the launchpad dropped from $133 million in the first month of the year to nearly $34 million last month, according to DeFiLlama data.

While launchpad volumes plunged, Pump.fun’s decentralized exchange PumpSwap, which was launched in March, has been making up for the decline, seeing $14.3 billion of volume in May and $10 billion last month. Revenue for PumpSwap stood at $7 and $5 million for those months, per the same data source.

UPDATE (July 12, 15:54 UTC): Adds more context throughout.

]]>
https://earlybirdsinvest.com/pump-fun-swiftly-raises-500m-in-public-sale-at-4b-fully-diluted-valuation/feed/ 0 47378
[LIVE] XRP Price Prediction: John Deaton Says $100B Ripple Valuation Is Possible – Here’s What That Means for XRP https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/ https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/#respond Wed, 25 Jun 2025 17:26:53 +0000 https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/

Author

Alejandro Arrieche

Author

Alejandro Arrieche

About Author

Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has…

Last updated: 


Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

The XRP price (XRP) has managed to remain green in the past 7 days despite the volatility introduced by the war between Iran and Israel.

The token has managed to stay above its $2 psychological support after briefly dropping below that level during the weekend.

This week, attorney John Deaton, a well-known supporter of Ripple who recently lost his bid for the U.S. Senate against Elizabeth Warren, commented that the blockchain company should take advantage of the positive environment in which cryptos are in to launch its initial public offering (IPO).

Leveraging the success of Circle’s IPO, Deaton believes that the market could value Ripple at as much as $100 billion.

“If @circle can hit a 62B-75B market cap then @Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton asserted in an X post.

If Ripple does agree with his view, this would support a bullish XRP price prediction as it would contribute to raising the public’s awareness about the project and could further solidify Ripple’s bid to become the preferred cross-border payment platforms for global enterprises.

XRP Price Prediction: XRP Forms Bullish Pattern That Anticipates a Retest of Its Recent Highs

Looking at the 12-hour chart for XRP we can see that the token has formed a bullish pennant pattern as a result of the long-standing consolidation phase that came after its November 2024 rally.

xrp price prediction

Ripple’s legal victories against the U.S. Securities and Exchange Commission (SEC) and a change in leadership at the agency propelled the price of XRP near its all-time high.

Pennant patterns like this favor the continuation of the uptrend that once pushed the token to those levels. Hence, if the price breaks out above the $2.5 area, we could witness a retest of the $3.4 level soon.

Momentum indicators in this lower time frame have been improving as the Relative Strength Index (RSI) moved above 50, meaning that the uptrend has been gaining strength.

The $2 mark seems to be the most relevant support to watch. Another bounce above this area could provide the necessary liquidity for a rally toward a new ATH.

As cryptos continue to recover, storing your digital assets safely is a key priority. One of the hottest crypto presales of the year, Best Wallet (BEST), has launched its innovative Web 3 storage solution that features low fees and supports assets from dozens of blockchains.

Best Wallet (BEST) Nears $14M Raised As It Prepares to Launch Token

Best Wallet (BEST) aims to take a share from dominant solutions like MetaMask and Exodus by introducing a set of new tools for investors that will make its crypto wallet quite appealing.

best wallet crypto presale

The solution currently supports assets in 60 different blockchains and offers low fees for swaps. Its mobile app can be downloaded for iOS and Android devices and it comes with a powerful crypto screener called ‘Upcoming Tokens’.

This last feature helps investors identify the most promising crypto presales and has already spotted big winners like MIND of Pepe (MIND) and Pepe Unchain (PEPU).

To buy $BEST at its discounted presale price, head to the Best Wallet website and connect your wallet (e.g. Best Wallet).

You can either swap USDT or ETH for this token or use a bank card to invest.


]]>
https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/feed/ 0 44076