- The Solana launchpad LetsBonkFun has surpassed Pump.fun in daily revenue, token launches, and market share
- Its model reinvests 50% of fees into BONK buybacks and burns, driving value back to its community
- The shift has created high demand for fast trading tools, with Bitget Wallet’s MemeScan emerging as a top choice
A power shift is underway in Solana’s hyperactive memecoin market. For the first time since early 2024, Pump.fun—once the undisputed king of meme launches—has been dethroned. Rising star LetsBonkFun, backed by the BONK community, has surged past Pump.fun across multiple metrics: token launches, platform revenue, and market share. With over 19,000 tokens launched in 24 hours and a growing share of ecosystem value, the platform is no longer just a competitor—it’s a credible contender to lead Solana’s next meme-coin cycle.
Pump.fun vs. LetsBonkFun: The Numbers Don’t Lie
Recent on-chain data reveals a clear trend:
| Metric | LetsBonkFun | Pump.fun |
| Token Launches (24h) | 19,620 | 9,249 |
| Platform Fees (24h) | ~$1.04M | ~$533K |
| Token Graduates (24h) | 173 | 103 |
| Daily Market Share | ~58% | ~35% |
(Source: Dune, Decrypt, BeInCrypto)
This is the first time Pump.fun has lost its top spot since launching in January 2024, a critical moment that may signal a longer-term reshaping of Solana’s meme infrastructure.
The Difference Maker: Value Reinvestment
One of the biggest differentiators between the two platforms is their economic model:
- LetsBonkFun reinvests over 50% of its revenue into BONK buybacks and burns, driving value back to its community token.
- Pump.fun, by contrast, retains most revenue off-chain, for platform operations and liquidity; no explicit reinvestment into the broader ecosystem or community.
The result is a powerful feedback loop between platform growth and token value, which helped BONK surge 70% in less than a week.
No CEX? No Problem.
Two LetsBonk-launched tokens have shown that viral status and high valuations can be built entirely on-chain:
- USELESS: FDV ~$300M
- Hosico Cat: FDV ~$70M
Neither received backing from centralized exchanges, underscoring the power of community momentum and decentralized liquidity.
The Trader’s Edge: Finding the Best Memecoin Sniper Tool
This explosion in new token launches has created a parallel demand for tools that can keep up. As meme-coin activity intensifies, so does the demand for fast, intuitive tools to discover and trade early-stage tokens.
This changing landscape is reshaping the tools traders use to stay ahead. With memecoins moving faster than ever, a new class of trading tools is emerging to serve both retail and professional participants. Below is a side-by-side comparison of the most popular sniper tools in today’s memecoin arena:
| Feature | Bitget Wallet MemeScan | GMGN | Axiom | OKX Wallet |
| Trade Speed | Fastest (1 step) | Fast (3 steps) | Fast (2 steps) | Average (4 steps) |
| Trading Fee | 0.3% | 1% | 0.7–0.9% | Free (0.5% coming soon) |
| Chart Speed | Real-time (ms-level) | Real-time | Real-time | Real-time |
| Mobile UX | All-in-one screen (tokens, trades, charts, holdings) | Needs tab switching | Needs tab switching | 3-page process |
| Token Security | Multi-layer checks, filters risky tokens | Basic | Basic | No risk checks |
| Narrative / AI | AI summaries | None | None | Basic |
With fast execution, security filters, and AI insights, MemeScan stands out for snipers hunting alpha in the fastest-moving meme markets.
A Broader Trend: Ecosystem Fragmentation
What once seemed like a one-platform ecosystem is becoming a competitive arena:
- LetsBonkFun is now live in tools like Bitget Wallet’s MemeScan, with a dedicated BONK list to track trending launches.
- Alternative launchpads like Boop.fun, Launchlabs, and Moonshot are gaining traction.
- Solana’s overall memecoin market cap has ballooned to ~$79B, adding ~$10B in recent weeks.
This suggests a multi-platform future—where brand, tooling, and ecosystem alignment become key user acquisition drivers.
What’s Next?
Pump.fun’s upcoming TGE and long-term user base give it a fighting chance to bounce back. But it will need to rework its value model to compete with the community-aligned dynamics now favored by users.
Key questions to watch:
- Will Pump.fun embrace revenue-sharing or reinvestment to fend off growing discontent?
- Can LetsBonkFun maintain momentum without diluting quality or credibility?
- How will trading tools and launchpads evolve to serve both hardcore degens and mainstream users?
Solana’s memecoin scene is no longer a one-horse race. LetsBonkFun has rewritten the rules by blending viral token creation with real community economics. Pump.fun is still in the game, but no longer untouchable. In this new meme meta, whoever aligns better with users — not just in narrative, but in value — will win.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
