Two years ago, the eponymous token of pump.fun’s co-founder unexpectedly secured Jupiter’s green badge certification, pushing its market cap to triple in a short period.
1 hours ago
Alon, the token named after pump.fun’s co-founder and launched two years ago, has unexpectedly been "reborn" today. Relevant page data shows the token has obtained a green verification badge on Jupiter’s trading platform. The news sparked community speculation, driving the token’s market cap to surge threefold in a short time. As of press time, GMGN data puts Alon’s market cap at $7.01 million, with a 24-hour increase of 380% and trading volume exceeding $6.9 million. Public information indicates the green verification badge comes from Jupiter’s Token Verification System (VRFD), which is used to confirm that a specific mint address is the canonical/official version of a given ticker, helping users distinguish copycat projects from fake tokens. The badge does not serve as an endorsement of the project’s quality, security, or team. The Alon token was initially created by the Pump.fun community via its bonding curve fair launch mechanism. Later, Pump.fun co-founder @a1lon9 (Alon) took over the relevant Telegram group and paid Dexscreener fees, but the project has repeatedly clarified that he did not create the token himself. BlockBeats reminds users that the event carries high uncertainty, and investors should exercise caution.
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