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Pump.fun has lost its crown as the top meme coin launchpad for the first time since January 2024, with LetsBONK overtaking it in the past 24 hours.
The upstart platform surged ahead in Solana meme coin activity, taking more than 55% of launchpad market share and recording $532 million in 24-hour volume, according to data from DEX aggregator Jupiter. Pump.fun trailed with 34.7%.
Dune Dashboard creator Adam_Tehc said that LetsBONK also led in meme coin launches and graduations. It hosted 18,093 token launches and 204 graduations, or nearly double the 9,535 launches and 58 graduations on Pump.fun.
Battle For Meme Coin Launchpad Supremacy Is On
Could the rise of LetsBONK signal a changing of the guard in the meme coin launchpad market? Its founder, who goes by the name of SolportTom on X, isn’t taking that for granted just yet.
“Still a long road ahead to make sure this is a daily occurrence,” he said. “But the battle is on.”
Gap is widening 🫡
Still a long road ahead to make sure this is a daily occurrence, but the battle is on.
I also haven’t slept in 3 days so feeling it badly atm😭 pic.twitter.com/wEkr8juIQv
— Tom (@SolportTom) July 6, 2025
LetsBONK and Pump.fun have a comfortable lead over the rest of the market, with the third-biggest market share in the last 24 hours going to Believe with 3.82%.
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