BONK Meme Coin Launchpad Flips Pump.fun for Solana Tokens Created

Saltworks launch Pump.fun was the center of ecosystems of meme coin since then launched in January 2024. But on Sunday, Let go He became the first Solana Launchpad to ever move him to daily tokens.

In the past 24 hours, according to Dina dataPump.fun was responsible for creating 9,249 token, while Letsbonk launched 19,620.

“Moving over [more than $200,000] Bonk runners in the last 24 hours seem to be most organic, “the creator of the Duna Adam Tech Supervisory Board twitter. “Less than 30% looks like a kind of farm. That number was 78% on the pumps the last time I checked. If Bonk takes over forever, the fraudsters will obviously migrate.”

What is Letsbonk?

Letsbonk is a launch that uses Raydium Launched infrastructure make it easier to create a The same corner. The project is tied to the Solana Meme coin Eruptwith some divided team members. Just as the pump.fun, to start token, users are obliged to fill the basic pattern seeking the name, symbol of labeling, description and image. Letsbonk also allows implementation to control the overall token supply.

Since his April, Letsbonk has recorded a market share of Solana Launchpad ranging from 2% to 18% before he recently ran to 58.5% on Sunday. Before Letsbonk created, according to Dina dataPump.fun dominated the sector almost 100%, while on Sunday he had a market share of only 35.2%.

Letsbonk is the biggest winner Useless coinwhich is currently on a market cap of $ 275.9 million, followed by Hosico cat to $ 69 million, and Be to $ 25.4 million. Meanwhile, Pump.fun largest tokens are Dirty on a market border of $ 1.2 billion, would be $ 505 million, and Peanut squirrel to $ 221 million.

Teams Bonk, Raydium and Pump.Fun have not immediately responded DecipherRequest for comment.

This is not the first time Pump.fun faced the challenger for his throne. Last August overturned him Tron-Barthpad Sunpump After a viral campaign throne Creator -a Justin Sun. The Sunpump moment in the spotlight was short -lived and the pump. Fun returned her crown only two weeks later. Sunpump has faded in vague since then, processing only three transactions on Tuesday, according to Dune.