Pump.fun has yet to confirm or deny rumors of a $1 billion token sale and 10% airdrop, but the community is split on whether the potential launch would help or harm the crypto space.

Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation.

On June 3, a community member posted about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members.

Speculation intensified following a Blockworks report citing anonymous sources, which said the launchpad — known for its instant token creation feature — will raise $1 billion through a token sale. The report claimed that three sources confirmed the token will be valued at $4 billion.

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