Solana Launchpad War Heats Up as Pump.fun Ekes Out Lead in Daily Launches
Main Idea
Pump.fun and LetsBonk.fun dominate the Solana launchpad market, with Pump.fun leading in daily token launches and LetsBonk.fun in daily trading volume and revenue.
Key Points
1. Pump.fun and LetsBonk.fun control a combined 88.2% of the Solana launchpad market, with Pump.fun at 45.9% and LetsBonk.fun at 42.3%.
2. Pump.fun hosted 13,690 new token launches in the last 24 hours, slightly ahead of LetsBonk.fun's 13,392 launches.
3. LetsBonk.fun generated $87.7 million in daily trading volume, compared to Pump.fun's $82.4 million.
4. LetsBonk.fun has earned $8.4 million in revenue, significantly more than Pump.fun's $1.37 million from fees.
5. The PUMP token, associated with Pump.fun, raised $600 million in 12 minutes but later dropped 52% from its all-time high before rebounding 33% over the past week.
Description
Pump.fun and LetsBonk.fun control a combined 88.2% of the Solana launchpad market Pump.fun leads with 13,690 daily launches; LetsBonk.fun leads with $87.7M daily volume LetsBonk.fun has earned $8.4M in revenue, far outpacing Pump.fun’s $1.37M from fees Solana’s memecoin community is captivated as its two largest launchpads, Pump.fun and LetsBonk.fun, collide in a battle for supremacy, with Pump.fun narrowly reclaiming its top spot for daily token launches. TOP 5 MEMECOIN LAUNCHPAD MARKET SHARE: ...
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