Crypto memecoin creator Pump.fun has completed its first-ever acquisition by purchasing Kolscan, a wallet-tracking project, as it gears up for a massive $1 billion initial coin offering (ICO).
Kolscan Adds Social Edge to Onchain Trading
Kolscan, named after “key opinion leader,” tracks top on-chain traders, providing real-time transaction updates, profit data, and performance leaderboards. Pump.fun plans to integrate these features to bring more transparency and gamification to memecoin trading.
we’re excited to announce that pump fun has acquired @kolscan
Kolscan is a wallet tracker that monitors the activities of top onchain traders. it provides realtime transactions, token PnL, and a leaderboard ranking their performance
our integration will not only enable better… pic.twitter.com/V4VDcOwVeG
— pump.fun (@pumpdotfun) July 10, 2025
Gamified Trading Is Next Big Push
Alon Cohen, co-founder of Pump.fun, said on X that on-chain trading is a “social sport,” where traders watch each other’s moves and compare gains. He believes adding tools like Kolscan’s insights will strengthen Pump.fun’s community appeal and drive growth.
“Products that provide social tools and gamify the trading experience are key to growing our ecosystem,” Cohen wrote.
ICO Targets $1 Billion Raise
Pump.fun will launch its “PUMP” token ICO this Saturday, offering 330 billion tokens, or 33% of its 1 trillion supply, priced at $0.004 each. The ambitious raise comes amid competition from rival memecoin launcher LetsBonk, which has cut into Pump.fun’s market share.
Institutional buyers are set to receive 180 billion tokens, while 150 billion will be sold to the public. Due to regulatory restrictions, the ICO won’t be open to investors in the US and UK.
Kolscan Gets New Upgrades
Cohen confirmed that Kolscan will remain free to use, with planned improvements in data speed, accuracy, and new tools like deeper copytrading insights. The upgraded leaderboard aims to reward real traders, not just influencers.
He also revealed that Pump.fun is experimenting with more social media-style features, including livestreaming, which was paused last year but relaunched in April with stronger moderation.
What’s Next for Pump.fun?
With the Kolscan acquisition and upcoming ICO, Pump.fun wants to reshape on-chain trading into an experience that blends memecoin hype with social competition, potentially reaching billions of users.
The platform, credited with reviving last year’s memecoin craze, still generates millions in daily revenue at peak times, according to DefiLlama.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
