Pump.fun’s Fall From Grace Is a Warning to All ‘Move Fast and Break Things’ Projects

• LetsBONK launched over 15,600 tokens, while Pump.fun launched 11,500
• LetsBONK processed $86 million more than Pump.fun on July 6
• BONK recently became Solana’s top memecoin by market cap

LetsBONK has officially overtaken Pump.fun as the #1 memecoin launchpad on Solanas, surpassing it on July 6 in token launches, graduations, and volume.

According to Dune Analytics and Jupiter data, LetsBONK launched over 15,600 tokens, while Pump.fun launched 11,500. 

The number of graduated tokens on LetsBONK was 135 versus 103 on Pump.fun. Graduation typically means a token met the liquidity and trading milestones required to be listed on larger Solana DEXs.

When it comes to 24-hour trading volume, LetsBONK processed $86 million more than Pump.fun that day. Also, LetsBONK has 49.8% of the market share in daily activity, compared to Pump.fun’s 40.9%.

It’s worth noting that Pump.fun still has more active traders, but LetsBONK has more volume and launch throughput, showing rising momentum.

LetsBONK’s rise

There are several factors why LetsBONK is seeing a surge. 

For instance, LetsBONK is designed to funnel economic activity back into BONK (which recen…

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