Pump.fun to launch PUMP token ICO July 12 with airdrop and major exchange support
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Daily top performer — Mantle (MNT)
The S&P 500 rose 0.61% on tech strength, but Fed minutes showed tariff-driven inflation concerns paused rate cuts. Gold rose above $3,310 as falling US yields and Fed signals of 2025 rate cuts offset a firm Dollar. Tariff threats and strong central bank demand also supported prices. The Coindesk Indices, which tracks the broader crypto market, rose 4.95%, with Bitcoin and Ether up 2.70% and 5.29%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is MNT, up 20.6% after Mantle unveils UR, the world’s first blockchain-based neobank, combining fiat and crypto services on-chain.
UR is a pioneering neobank built entirely on Mantle's Ethereum Layer-2 network, offering a unified account for managing both fiat and crypto assets. Users can open Swiss IVAN accounts backed 1:1 by tokenized deposits, spend crypto via Mastercard, and soon access FX, on-ramps, and lending tools. UR currently supports SWIFT, SEPA, and Ethereum transfers, with plans to integrate Mantle and Base. As a fully on-chain bank, UR represents a major leap in financial services, positioning Mantle as a leader in blockchain-native consumer banking ahead of UR’s public rollout in Q3 2025.
Check out the latest prices, charts, and data of MNTUSDT perp and MNT/USDT spot contracts!
Talk of the town
Pump.fun will launch its PUMP token via an ICO on July 12 across major exchanges, selling 150 billion tokens out of a 1 trillion supply. US and UK users are excluded. Transfers begin by July 18, and an airdrop is coming soon. The token distribution includes 33% for the ICO, 24% for community initiatives, 20% to the team, and 13% to existing investors. The platform aims to enhance meme coin quality and expand social features using raised funds.
Bitcoin spot ETF flows
Category | Flow (millions) |
GBTC | 0.0 |
Non-GBTC | 90.1 |
Total | 90.1 |
Yesterday, BTC spot ETFs saw $90.1M in net inflows, all from non-GBTC funds, while GBTC recorded zero flow.
Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!
Airdrop to watch
Openledger's mainnet is expected to launch by the end of July, according to core contributor Ram. No TGE details yet, but it may coincide with the launch.