Pump.fun May Introduce Trading Volume Rewards to Compete with LetsBONK’s Growing Market Share

Key Points

1. Pump.fun is developing a rewards mechanism that allocates native PUMP tokens based on 30-day Solana (SOL) trading volume.

2. LetsBONK has surged past Pump.fun, capturing 37%-55% of daily active token creators and achieving a peak daily income of $1.78 million.

3. Following the rewards announcement, PUMP token price surged 5% within an hour, reaching $0.002875.

4. Experts caution that distributing 3% of the total token supply monthly may be unsustainable.

5. LetsBONK's success is attributed to its rapid growth in daily active token creators and higher revenue performance.