Categories: Crypto

Pump.fun acquires Kolscan ahead of PUMP token launch


Key Takeaways

  • Pump.fun acquired wallet tracker Kolscan to integrate social trading tools and improve data speed and reliability.
  • The acquisition comes ahead of Pump.fun’s PUMP token ICO on July 12.

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Solana-based meme coin launchpad Pump.fun has acquired wallet tracking platform Kolscan, a popular tool that monitors top onchain traders’ activity, including real-time transactions, token PnL, and trader leaderboards.

https://twitter.com/pumpdotfun/status/1943399910189207851?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer

The integration will combine Kolscan’s analytics with Pump.fun’s growing social trading features. Alon Cohen, Pump.fun’s founder, said the deal aligns with its core belief that onchain trading is inherently social.

“You trade with friends and compare yourself to the best,” Cohen said on X, adding that project success often depends on who is involved, when they bought in, and how much conviction they have. “That’s why we believe social tools and gamified trading are key to growing our ecosystem.”

The company plans to enhance Kolscan by improving data speed and reliability, revamping the leaderboard to highlight real traders over influencers, and adding new insights into copytrading and strategy tracking. Kolscan’s features, including its token search and trade tracking tools, are now free to use.

The news comes days before Pump.fun’s highly anticipated PUMP token launch via an initial coin offering on July 12. Pump.fun will sell 33% of its total one-trillion-token supply in the ICO, with 18% allocated to a private sale for institutional purchasers and 15% to a public sale.

Pump.fun founder Alon Cohen called ICOs the fastest way to distribute tokens to a wide audience, adding that the team is exploring utility options like fee rebates and token buybacks.

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Adam Forsyth

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