LetsBonk Makes a Splash, But Will It Drown in PumpFun’s Wake?

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The Solana meme coin launchpad scene is like a reality TV show right now, and LetsBonk is the new contestant trying to steal the crown from the ever-popular PumpFun. In the last 24 hours, LetsBonk has nearly matched PumpFun in the number of tokens deployed. Sure, it’s an impressive spike, but let’s not get ahead of ourselves. PumpFun is still comfortably in the lead with daily active users, which—let’s face it—means a lot more than a temporary boost in token deployments.

Remember when Moonshot tried to be the new kid on the block? It was cute for about five minutes before it faded into meme coin oblivion. PumpFun has shown time and again that just because you make a loud entrance doesn’t mean you’re sticking around. It’s the marathon, not the sprint, folks.

PumpFun’s Reign Unbroken as LetsBonk Overtakes LaunchLab

PumpFun isn’t just holding steady—it’s running the show like a seasoned performer. With millions in weekly fees and a ridiculous amount of meme coins launched, it’s no wonder why it remains top dog. Sure, some newcomers like Sunpump and Moonshot tried to steal the spotlight, but much like a bad reality show contestant, they faded away quickly.

The grandest moment in PumpFun’s history was on January 23, 2025, when it saw a jaw-dropping 71,735 tokens launched in a single day. No one—absolutely no one—has come close to that since. Not even LetsBonk, despite its recent surge.

Now, there’s some real competition. The likes of Boop and Bags have made their moves, but the heavyweights are Raydium’s LaunchLab and the meme coin-upstart LetsBonk. And in the past three days, LetsBonk has gone from 2,634 to 12,239 daily token deployments—outpacing LaunchLab, which only deployed 2,975 tokens yesterday. But don’t get too excited—PumpFun still managed to launch 23,753 tokens that same day. Talk about setting the bar high.

LetsBonk Gets Close, But Still Can’t Catch PumpFun in Graduated Tokens

Let’s not forget that LetsBonk may have deployed fewer tokens, but it’s not just about quantity. In the past 24 hours, LetsBonk graduated 163 tokens, a mere seven behind PumpFun’s 170. Let that sink in for a second. Meanwhile, LaunchLab had just 5 and Boop—wait for it—only 30. This means LetsBonk is making some serious strides, attracting high-engagement tokens with strong community support. But… still not enough to topple the big guy.

The fact that LetsBonk is nipping at PumpFun’s heels in terms of token graduation suggests that if it keeps this up, it could eventually give PumpFun a run for its money. But let’s not get ahead of ourselves, PumpFun is still a dominant force, reigning supreme in the Solana ecosystem.

LetsBonk Might Be Gaining Momentum, But It’s a Long Way Behind in Active Users

Sure, LetsBonk is on the rise, but when it comes to daily active users, it’s playing catch-up in a major way. PumpFun recorded a staggering 155,137 active addresses on May 12, while LetsBonk barely scraped 43,000. That’s quite the gap, my friends. And LaunchLab? It had a measly 26,105. Even with its impressive growth, LetsBonk is still a far cry from competing with PumpFun in terms of user engagement. Sorry, folks, this is a marathon, not a sprint.

This sudden surge in LetsBonk activity? We’ve seen this show before. Platforms like Moonshot had their brief moments of fame before they fizzled out. LetsBonk is certainly showing promise, especially in terms of token quality, but PumpFun remains the king of the hill. And don’t forget—the latest report from Solidus Labs says that 98% of tokens on PumpFun are flagged as scams. Ouch. But hey, it’s still the undisputed leader for now. Until someone can keep up on all fronts—volume, graduation, AND active users—PumpFun reigns supreme.

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2025-05-13 21:26