PUMP.FUN TOKEN SALE SELLS OUT IN 12 MINUTES, RAISING $448.5M

Summary from the TLDR Crypto newsletter

Pump.fun's ICO hit its $4B FDV cap instantly, with 10,260 buyers scooping up $448.5M worth of PUMP in just 12 minutes. Nearly 24,000 wallets KYC'd for the sale, highlighting massive demand for one of Solana's biggest token launches. Tokens will be distributed within 72 hours, initially non-transferable.