Pump.fun: Establishes Pump Fund and Launches BiP Hackathon to Fund 12 Projects

Odaily News Pump.fun announced on platform X the establishment of the Pump Fund today. The fund aims to promote the development of the Pump.fun entrepreneurial ecosystem by establishing long-term cooperative relationships with projects. The fund's first initiative is the BiP Hackathon, which will provide $250,000 in funding for 12 projects at a $10 million valuation, along with guidance from Pump.fun founders and other support.