Pump.fun Unveils Pump Fund and $3M Build in Public Hackathon for 12 Early-Stage Projects

Memecoin launchpad Pump.fun has introduced Pump Fund, a new investment division that will allocate $3 million to 12 early-stage projects via a Build in Public Hackathon. Participants must issue a token and retain at least 10% of its supply, while Pump.fun will prioritize product traction, community presence and long-term viability when selecting winners. Following the announcement, the platform's native token PUMP traded around $0.00256 after a 3.04% daily gain, facing resistance near $0.00274.