Pump.fun’s Bold $PUMP Reward Surge Set to Shake Up the Market—Is LetsBONK Feeling the Heat?
The discovery comes amid a sharp drop in activity on Pump.fun, under pressure from LetsBONK’s increasing market share.
Data from Dune Analytics shows that since July 5, LetsBONK, a meme coin launchpad focused on the Solana-based BONK ecosystem, has overtaken Pump.fun in market share. As of July 25, LetsBONK commanded roughly 84% of the market, while Pump.fun had fallen to just 12%.
Likewise, LetsBONK consistently led Solana meme coin launchpad revenues. Since early July, LetsBONK has rapidly gained traction, with revenue climbing sharply and surpassing Pump.fun by a wide margin.
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