Is PumpFun losing its crown

Crypto is a rebellion.

It is a vision of demolishing the walls built by the financial elite and restoring the power of billions that said, “You don’t belong.” These are markets that never sleep and no one owns – without borders, without permission, incomplete …

… And so, here we are, trading tokens like Assdaqa and ASS & P500.

These types of token would not exist without Pump (.) FunMemecoin Launchpad, which led Memecoin, shows this cycle.

Or, should I say … used run it.

Back in April, the Bonk Community, along with Solan’s Dex Raydium, launched a competitive memecoin platform called Let go.

The big difference between the two of them is how they are worn with fees:

👉 pump (.) Fun barely returns to the solane ecosystem → The first approach to profit;

👉 Letsbonk, on the other hand, reinvests part of its fees in Bonk and Saltworks Ecosystems → access to the first community.

And letsbonk is now Pump for a beat (.) Fun::

• In the last 24 hours he arranged 2.2x more tokens than a pump (.) Fun;

• Graduated 75% of yesterday’s memecoin, compared to pumps (.) 22% of entertainment (Fyi: “Graduate” means to the Token moved from launch and dex);

• Collected 2.5 times more fees;

• Of the 25 best tokens launched this week, 19 were from Letsbon, and only 4 from the pump (.) Of fun.

This is the bad news for the pump (.) Fun – especially since their sale of tokens is 4B on the horizon (We talked more about it here btw.)

Here’s why it’s bad:

🚩 1/ narrative moves away

In the crypto – and especially Memecoins – vibrations are important.

The pump (.) The party was named as a place for stupid tokens and hype. But Letsbonk steals that thunder.

→ Ask the investor to appreciate you for $ 4B when you are already losing a crown? Not a great look.

🚩 2/ Questions on Sustainability

Pump (.) Fun model of the first profit acted when No one knew better.

But now Letsbonk shows that you can grow while you actually support the community and chain.

→ Investors and users can now doubt long-term pump sustainability (.) FUN’s model. Why would they support a platform that bleeds the ecosystem when the other returns and grows faster?

🚩 3/ $ 4b looks crazy

Valuation of $ 4B implies confidence in future growth and market leadership.

→ If it already outweighs them, that confidence becomes trembling – and investors could call BS to assess the value.

Sooo … is pump (.) Completely fun cooked??

Not yet. But that is Starting behind … we’ll know when we know.

You are in knowledge now. But think about your friends – they probably have no idea. I wonder who could fix it … 😃🫵 Expand the word and be a hero you know you are!