Pump.fun’s $1B Raise Signals Solana Meme Exodus: Best Crypto to Buy Now?
Pump.fun’s $1B raise is an extraction event. Solana meme coin liquidity is bleeding out—Bitcoin Pepe could be where it’s going next.
Solana won the meme coin war. Then, Pump.fun announced it was raising $1 billion at a $4 billion valuation. This is the end of the line for degens and meme coins on SOL. The great irony of a platform built on fair launches engineering a massive VC-style cashout has not been lost on sharper players.
The extraction phase has begun, and the smartest players are already migrating to greener pastures: Bitcoin Pepe is thriving, shooting past $13.9m raised in its presale as traders, degens, and investors begin the great migration to crypto’s new biggest meme coin playground.