Meme coin launchpad pump.fun is reportedly gearing up for a massive token sale—aiming to raise $1 billion at a fully diluted valuation of $4 billion, according to two sources familiar with the matter who spoke to Blockworks.

The token, which is expected to be offered to both public and private investors, has yet to confirm a launch date—or even whether it will debut on the pump.fun platform itself. But insiders hint the rollout could happen within the next two weeks.

The raise would mark a major leap for the Solana-based platform, which has become a hotbed for meme coin creation and degens chasing viral pump cycles. A $4B FDV places it among the top-tier token launches of the year—despite the fact that, so far, it’s still mostly known for low-effort coins and ironic meme plays.

If the sale goes through as planned, pump.fun may go from meme casino to serious player in the altcoin arms race.