LetsBonk overtook Pumpfun in terms of daily revenue and number of token launches

Platform LetsBonk has taken the top spot among meme-coin lunchespads in terms of daily revenue for the first time, surpassing rival Pump.fun. According to Dune, LetsBonk earned $1.23 million in the last 24 hours – twice as much as Pump.fun’s $520,000. The number of tokens created also recorded an advantage: 22,000 vs. 9,800, respectively.

The project was launched in April 2025 as an alternative to the dominant Launchpad in the Solana network. Before that, Pump.fun had held a monopoly position on the market since January 2024. Now the change of the leader coincided with a large-scale developer migration: 88% of the top 200 authors moved to the LetsBonk platform within the last 72 hours.

The main driver of success is the popularity of the BONK meme-coin, on which the project’s ecosystem is based. Its capitalization, according to CoinGecko, is approaching $1.8 billion, and daily trading volume is $1.2 billion. The community in X has more than 430,000 subscribers. The platform’s developers say they “believe in the future of memes on Solana.”

Amid rumors about the possible launch of the PUMP token, the LetsBonk team has stepped up marketing activity. The project co-founder called the possible TGE competitor a “bullish trigger” for BONK and the entire ecosystem. Users also drew attention to possible restrictions in the PUMP smart contract, excluding BONK-related token holders from future sales.

Interest in the PUMP token was fueled by a remote announcement on the Gate.io exchange, according to which a $600 million sale was planned for July 12. However, after publication, the page disappeared and the Pump.fun team declined to comment. Some see this campaign as a hype campaign to keep attention.

Despite the local success of LetsBonk, the meme-coin market remains in a stagnation phase. Since the beginning of 2025, it has suffered from ragpools, loss of trust and decreased liquidity. According to Dune analytics, this has particularly affected Pump.fun, whose volumes have fallen significantly in six months.