The memecoin launchpad war is intensifying as LetsBONK (also known as BONKfun) and Pump.fun battle for dominance, with fresh stats revealing staggering activity in the last 24 hours.
According to data shared by analyst Adam Tehc on X, LetsBONK, a newly launched memecoin launchpad, leads the charge, but Pump.fun is quickly gaining momentum following the announcement of its native PUMP token launch this week.
According to reports, in just 24 hours, Bonk users created 18,317 tokens, surpassing Pump.fun’s 14,843. Bonk also saw more tokens “graduate”, a metric indicating that tokens have reached a trading threshold, with 173 graduates versus Pump.fun’s 100.
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When it comes to trading volume, BONKfun again took the lead with $84.4 million, compared to Pump.fun’s $60.2 million.
For the first time since its debut, Pump.fun has lost its leading position in the memecoin launchpad space this week.
As reported by Ciphera, LetsBONK has officially overtaken Pump.fun in key metrics, including daily token launches, graduations, and trading volume, marking a major shift in the ongoing memecoin platform rivalry.
However, the gap is narrowing, likely due to heightened anticipation surrounding PUMP’s upcoming ICO, as derivatives trading is already pushing the token’s valuation past its launch price.
Pump.fun has confirmed its ICO will launch on July 12 at 2 p.m. UTC, offering 150 billion PUMP tokens to the public at $0.004 each. The sale is part of a 1 trillion token supply, with 33% allocated for public distribution.
PUMP started trading on derivatives platforms ahead of its ICO. On July 9, it launched on Hyperliquid, jumping 40% to $0.0056 with $30M in volume and $17M open interest. A Binance listing is expected soon.
Why This Matters
While Bonk still “wins” the day by a 59/41 split across key metrics, Pump.fun’s rising numbers signal the battle is far from over.
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People Also Ask:
LetsBONK, also known as BONKfun, is a newer memecoin launchpad that has rapidly gained popularity by hosting a high volume of token launches and trading activity.
LetsBONK channels 50% of its launch fees into buying and burning BONK. This deflationary mechanism gives the platform an added utility layer and long-term value proposition, making it attractive to both developers and investors.
BONK is a Solana-based memecoin launched after the collapse of FTX in 2022. LetsBONK integrates BONK into its ecosystem by using part of its fees to buy and burn BONK, thus reducing supply and applying upward pressure on its price.
