Letsbonk surpassed Pump.fun in daily token launches and market share, signaling a new leader in Solana’s meme token ecosystem.
Backed by the Bonk community and integrated with Raydium, Letsbonk supports fast token graduation and strong trading liquidity.
While thriving, Letsbonk faces risks from oversupply, regulatory scrutiny, and rising competition in the meme token space.
On July 8, 2025, Letsbonk, a meme token launch platform in the Solana ecosystem, drew wide attention from the crypto community with its strong performance.
According to Dune Analytics, Letsbonk saw 21,655 token launches in the past 24 hours, far surpassing Pump.fun’s 9,952. It also had 229 “graduated” tokens, compared to Pump.fun’s 66.
Jupiter data shows Letsbonk now holds 48.7% market share, while Pump.fun dropped to 40%. These numbers mark a major shift in the competitive landscape of Solana meme tokens.
I. BACKGROUND AND ECOSYSTEM POSITIONING OF LETSBONK
Letsbonk is a meme token launchpad incubated by the Bonk community. Built on Solana, it offers a fast and low-cost platform for easy token creation and trading. Since launching in 2024, it has attracted retail investors, meme lovers, and project teams. Its simple token launch process and community-driven growth are key strengths.
Like Pump.fun, Letsbonk allows anyone to launch a meme token at low cost and provides initial liquidity through built-in decentralized pools like Raydium. A major advantage of Letsbonk is its deep connection to the Bonk community.
As one of the top meme tokens on Solana, Bonk brings strong brand and user support. Letsbonk uses this power through social media campaigns and offline activities to grow its user base.
Letsbonk’s partnership with Raydium’s LaunchLab adds more value. Raydium’s AMM (automated market maker) helps “graduated tokens” quickly get listed on decentralized exchanges (DEX), improving token survival and platform appeal.
II. THE DATA BEHIND LETSBONK’S ADVANTAGE
Here’s a breakdown of key stats from July 8, 2025:
1. Token Launches (21,655 vs 9,952)
Letsbonk launched more than twice as many tokens as Pump.fun in 24 hours. This shows higher platform activity and strong user engagement.
Its low-barrier and easy-to-use interface helps anyone launch a token. In contrast, Pump.fun’s higher fees and more complex process may turn some users away.
2.Graduated Tokens (229 vs 66)
A “graduated token” means it met certain standards—like trading volume or community support—to list on a DEX like Raydium. Letsbonk’s high number of graduated tokens suggests better quality overall.
It benefits from Bonk’s community, which supports early trading, and its platform algorithm boosts top-performing tokens. Pump.fun, with only 66 graduated tokens, shows weaker follow-up performance.
3.Market Share (48.7% vs 40%)
Jupiter data shows Letsbonk overtook Pump.fun with a 48.7% market share. This is a major milestone, breaking Pump.fun’s long-standing dominance.The rise comes from strong community marketing, partnerships like Raydium, and smart use of meme culture.
III. THE CORE DRIVERS OF LETSBONK’S SUCCESS
Several key factors explain Letsbonk’s fast growth:
1.Bonk Community Support
Bonk has millions of fans and a strong presence on X (Twitter). Letsbonk uses this power to grow. The community promotes popular tokens like USELESS and Hosico, creating a viral effect that brings new users.
2.Tech and Ecosystem Integration
Letsbonk benefits from Solana’s fast and cheap network. It also integrates smoothly with key tools like Raydium and Jupiter. Its “bonding curve” model links directly to liquidity pools, giving users clear pricing and easy trades.
3.Understanding Meme Culture
Letsbonk supports a wide range of creative tokens—cats, dogs, internet memes. It holds contests and voting events that keep the community engaged. For example, the Hosico cat token became a hit and reached $5 million in 24-hour volume.
4.Low Cost and High Rewards
Launching a token costs less than 0.1 SOL. Creators and early buyers also get rewards. This setup encourages more activity and creative ideas. In contrast, Pump.fun charges higher fees (around 0.5 SOL) and has fewer incentives.
IV. CHALLENGES AND RISKS
Despite its strong rise, Letsbonk faces real risks:
1.Market Bubble Risk
Meme tokens are often volatile and speculative. High launch volumes may lead to too many low-quality tokens. Some tokens may crash quickly, hurting user trust.
2.Regulatory Pressure
As meme tokens grow, regulators may take interest. Letsbonk is decentralized, but its high trading volume and viral model could attract legal attention. Balancing innovation and compliance will be key.
3.Rising Competition
New platforms like Moonshot and SunPump are entering the space. Letsbonk needs to keep improving tech and community tools to stay ahead.
V. CONCLUSION
Data from July 8, 2025 shows Letsbonk is quickly rising as a leading meme token platform. It has outperformed Pump.fun in token launches, graduated tokens, and market share.
With strong community support, smart tech design, and a good understanding of meme trends, Letsbonk is helping Solana grow. Still, the platform must manage risks like market bubbles, regulation, and new rivals to stay successful.
〈How Letsbonk Is Disrupting the Solana Meme Token Market〉這篇文章最早發佈於《CoinRank》。