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Pump.fun Launches New Investment Division for Early-Stage Projects, Kicks Off Hackathon

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Memecoin launchpad Pump.enjoyable has launched an funding arm, Pump Fund, which is able to distribute $3 million in funding throughout 12 initiatives.

An animated video ad posted on X mentioned that the fund is devoted to early-stage startups. Further, it introduced a Build in Public Hackathon, which is able to fund 12 initiatives with $250k at $10m valuation.

“It will advance the startup ecosystem on pump enjoyable by aligning itself with initiatives long-term,” Pump.enjoyable wrote in a thread on X.

Pump.enjoyable Hackathon – Not for VCs But Startups

The Solana-based platform wrote that the upcoming hackathon is a time-limited occasion that differs from conventional applications. The hackathon affords funding, mentorship with Pump.enjoyable’s founders and extra.

“Instead of getting to please judges/VCs for cash, tokenizing permits the market to develop into the choose,” the platform added. “Your customers are those that fund you by betting on you early.”

In order to be eligible for the hackathon, early-stage challenge individuals should launch a token and personal no less than 10% of the token provide.

However, the initiatives needn’t be crypto-related, Pump.enjoyable clarified. Projects of all maturities, verticals, and traction are welcome, it mentioned.

Besides, the platform will prioritize product and social traction, open communication and long-term viability whereas selecting winners.

One consumer wrote that the hackathon is “the largest unlock of builder expertise.” Though AI has supported hundreds of thousands to construct initiatives and increase the expertise pool, the funding system didn’t, the user wrote.

“Portfolio firms with legit product being ignored… hackathon survivors. incubator rejects. solo entrepreneurs with a vibe + concept & AI. 3 am Claude devs outshipping funded startups,” the X submit learn. “The expertise pool simply 100x’d, but the funding system didn’t. Time to alter the sport.”

The first cohort of startups is anticipated by February 2026.

PUMP Surges 3.04% – Eyes Short‑Term Breakout

PUMP, the native token of Pump.enjoyable, rose 3.04% within the final 24 hours following the announcement of the Pump Fund launch. The token is buying and selling at $0.00256 throughout press time, per CoinMarketCap.

Recent positive factors mirror short-term momentum however face resistance close to $0.00274.

The token reached an all-time high in September, and has dropped 70% since then. The enhance in memecoin exercise, with Pump.fun-launched cash like WhiteWhale gaining traction, has pumped the token again on the radar.

Further, in line with DefiLlama, the exercise has contributed to a gentle enhance in income within the latest previous, creating a powerful tokenomic spine for the rally.

The submit Pump.fun Launches New Investment Division for Early-Stage Projects, Kicks Off Hackathon appeared first on Cryptonews.

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