Solana’s New Meme King: LetsbonkFun Leaves Pump.fun in the Dust with 2x Lead
Main Idea
LetsbonkFun has surpassed Pump.fun as the leading Solana meme coin launchpad, achieving more than double the market share and daily trading volume.
Key Points
1. LetsbonkFun holds a 55.8% market share in Solana's meme coin market, compared to Pump.fun's 27.4%.
2. LetsbonkFun processed $508 million in daily volume with 304,000 traders, while Pump.fun recorded $249 million and 153,000 traders.
3. The platform's rise is attributed to faster launches, BONK integration, and stronger user engagement.
4. Pump.fun's momentum has declined despite a $600 million ICO and recent buybacks, with its native token PUMP experiencing price setbacks.
5. Pump.fun acquired Kolscan, a Solana analytics tool, to enhance transparency and social trading features.
Description
Solana meme coin launchpad LetsbonkFun has overtaken Pump.fun, seizing a dominant 55.8% market share, more than double Pump.fun’s 27.4%. Key Takeaways: LetsbonkFun now leads Solana’s meme coin market with 55.8% share, more than double Pump.fun’s 27.4%. Its rise is driven by faster launches, BONK integration, and stronger user engagement. Pump.fun is losing momentum despite a $600M ICO and recent buybacks. The lead is reflected in volume and user activity. LetsbonkFun processed $508 million in da...
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