TLDR
- Pump.fun acquired wallet tracking platform Kolscan ahead of its July 12 ICO
- The ICO aims to raise up to $1 billion with tokens priced at $0.004 each
- Kolscan services will become free as part of the integration
- Coinbase has launched pre-market trading for the PUMP token
- The acquisition focuses on gamifying trading and social features
Solana-based memecoin platform Pump.fun announced Thursday it acquired wallet tracking tool Kolscan. This marks the company’s first acquisition as it prepares for its public token sale on July 12.
The acquisition brings together Kolscan’s analytics capabilities with Pump.fun’s social trading features. Kolscan monitors top traders, provides real-time transaction data, and ranks performance on leaderboards.
Pump.fun co-founder Alon Cohen said the deal aligns with their view that trading is a “social sport.” He explained that people trade with friends and compare results with top performers.
The platform plans to offer all Kolscan services for free after the acquisition. The tool already has tens of thousands of users according to the company.
ICO Details and Token Distribution
The upcoming initial coin offering aims to raise up to $1 billion. PUMP tokens will be priced at $0.004 each with a total supply of 1 trillion tokens.
The sale will make 330 billion tokens available to investors, representing 33% of total supply. Retail investors can access 150 billion tokens while institutional investors get 180 billion.
Coinbase announced pre-market trading for PUMP ahead of the official sale. This allows traders to engage in perpetual futures before spot listings begin.
The platform banned investors from the United States and United Kingdom from participating. This restriction comes due to regulatory concerns in both countries.
Platform Competition and Market Position
Pump.fun faces increasing competition from rival platform LetsBonk. The company has been losing market share to the newcomer in recent months.
The Kolscan acquisition appears designed to strengthen Pump.fun’s offerings. Enhanced analytics and social features could help differentiate the platform from competitors.
At its peak in January, Pump.fun generated millions of dollars in daily revenue. The platform allows users without coding skills to create memecoin tokens easily.
Cohen said the integration will enable “totally new experiences” in on-chain trading. He believes gamification and social tools are key to ecosystem growth.
one of our core beliefs is that onchain trading is a social sport
you do it with your friends and compare yourself to the best
more importantly, the success of the projects you invest in are often determined by the kinds of people that are involved, when they got in, how much… https://t.co/Ji5z8Vkuxu
— alon (@a1lon9) July 10, 2025
The platform previously offered livestreaming features but shut them down after harmful content appeared. These features returned in April with moderation systems for select users.
The post Pump.fun Acquires Kolscan Wallet Tracker Before July 12 Token Sale appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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