- LetsBONK overtakes Pump.fun with 15,600 token launches in 24 hours, marking a major Solana memecoin shift.
- The token surges 22% as the platform fuels the buying and burning of the token, increasing demand and visibility.
- Market share flips: LetsBONK claims 49.8% of Solana meme market volume, outpacing Pump.fun’s 40.9%.
Memecoin launchpad powered by BONK, namely LetsBONK or Letsbonk.fun and Bonk.fun, has now surpassed Pump.fun as the number-one memecoin site in Solana, and this represents the first time since January 2024 that Pump.fun has held the number-one rank in the ecosystem.
This major change was first spotted Sunday morning by Dune dashboard user Adam_Tehc, as he reported that LetsBONK had come into the lead in 24-hour token deploys ahead of Pump.fun. By Sunday afternoon Eastern time, the gap had widened significantly: LetsBONK had made roughly 15,600 token deployments in 24 hours, and 11,500 had followed from Pump.fun.
The momentum continued. Over the weekend, Saturday, July 5, saw additional token graduations for projects picking up steam, with 135 tokens graduating as recorded by LetsBONK and 103 for Pump.fun using the same dashboard statistics. According to Solana DEX aggregator Jupiter, LetsBONK claimed 49.80% of all memecoin market share on Sunday, running past Pump.fun’s 40.90%.
Also, there was $86 million in extra volume traded per day by LetsBONK, but Pump.fun had retained additional active traders.
“Still a long road ahead to make sure this is a daily occurrence, but the battle is on,” wrote LetsBONK founder Tom, aka @SolportTom on X. Tom founded the platform in late April 2025 to build a more community-driven memecoin economy.
BONK Rallies 22% as LetsBONK Gains Meme Market Lead
LetsBONK has gained traction, in part, as it has integrated with the token, which itself was spawned in December 2022’s wake after the aftermath of the FTX meltdown as a means of bolstering ecosystem liquidity. 50% of the fee revenue it earns goes towards the acquisition and burning of the token and the purchase of the liquid staking token BONKsol and correlated projects’ support.
Over the past few days, the token has risen 22% in price, in sync with the growing influence of the platform. The launchpad also closed submissions for a hackathon with $200,000 in prizes. Per Tom, the team is currently checking submissions and will award the prizes in the coming days.
Also Read: BONK Breaks Out, Eyes $0.000025 Target Amid ETF and Burn Hype
One of the platform’s breakout launches, Useless Coin, is now trading at a market cap of roughly $276 million, per CoinGecko data.
At the same time, Pump.fun has allegedly scheduled a $1 billion initial coin offering and can potentially introduce revenue sharing with token holders, according to a story by The Block. The team had originally floated a native token launch as far back as October 2024, but it has yet to come into existence.
While LetsBONK continues to disrupt Solana’s memecoin market, its explosive expansion indicates the next era of competition, in which tokenomics and ecosystem contribution aligned with users may establish the next meme culture leader in Web3.
Also Read | BONK Price Skyrockets 22%: But Will the ETF Launch Sustain the Rally?
