Bonk.fun flips Pump.fun – What does this mean for the Solana-based meme’s demand?

Key Points

1. Bonk.fun generated $1.322 million in revenue, accounting for 61% of total sales among Solana-based launchpads, while Pump.fun brought in $415,000 (19%).

2. Bonk.fun recorded $131.3 million in trading volume and deployed 22,063 tokens, more than double Pump.fun's count, though its graduation rate was slightly higher at 1.07%.

3. Pump.fun led in total market capitalization at $3.99 billion compared to Bonk.fun's $414 million, indicating its projects had higher individual value.

4. The shift in dominance may be linked to Bonk.fun's stronger alignment with Solana's growth and ecosystem support, as opposed to Pump.fun's more limited focus.

5. A bullish MACD crossing for BONK suggests potential momentum for Solana-based meme coins, though confirmation is still needed.