Key Takeaways
- LetsBonk has surpassed PumpFun by market share, capturing over 58% of the market share compared to PumpFun’s 42%.
- In the last 24 hours, LetsBonk has generated over $1.04 billion in revenue, compared to PumpFun’s $528 million in trading revenue.
- LetsBonk’s strategy to reinvest in the burn mechanism of BONK memecoins has attracted many degenerate traders.
Since its launch over the last one and a half years, PumpFun has dominated the Solana memecoin space with the launch of memecoin tokens. However, things are getting more interesting for Emecoun Launchpad since the arrival of LetsBonk, a new Solana memecoin launchpad set to overthrow PumpFun.
For the first time in months, a new launchpad is pushing the likes of PumpFun, which has gained significant attention in the Solana NFT space, to the edge with incredible statistics over the last few days, as Solana memecoins are beginning to emerge once more.
Solana Memecoin Trenches – LetsBonk Flips PumpFun
Source – LetsBonk Stats from Dune
Developed and launched in April 2025 by the same team behind the BONK memecoin, LetsBonk has gained significant traction among the memecoin communities as a competitor to Solana’s memecoin launchpad. Its unique design, which promotes a user-friendly interface and reinvests its trading fees to buy back and burn BONK, has gained significant support from Solana memecoin traders.
Since its launch, LetsBonk has recorded a total of 242,464 tokens launched, 2,854 tokens graduated, and a total market cap of over $580,938,452 within a short period. Additionally, in daily revenue, LetsBonk has doubled that of PumpFun, with over 18,000-20,000 Solana memecoin minted tokens.
According to data from Dune Analytics, LetsBonk has outperformed PumpFun in the last few weeks, with speculation suggesting mindshare data also shows traders are turning to LetsBonk for better launchpads and trading activities.
Solana Memecoin Traders Turn to LetsBonk
Although PumpFun has established a strong trading community due to its presence in the last year, market mindshare shift suggests more traders are moving into trading Solana memecoins on the LetsBonk platform, with the likes of Useless Coin (USELESS) seeing a surge of over 2,000% from its launch, with also the likes of Hosico Cat and IKUN recording great success, thus achieving a better market share of over 54% than PumpFun.
Additionally, the idea of BONK birthing LetsBonk has attracted many degenerate traders and BONK community members, as this Solana memecoin platform resonates better with its burn mechanism. However, PumpFun still maintains a devoted user base due to its first-mover advantage over LetsBonk.
Conclusion
LetsBonk and PumpFun’s Solana memecoin trenches war continues, with key metrics, community sentiment, and strategic fee reinvestment playing different roles in their dominance. Memecoins remain a high-risk space where user sentiment and trends shift rapidly. Always conduct thorough research before investing in Solana memecoins.
Related Read – Solana Price Prediction – ETF Approval Could Send SOL to the Moon