The meme coin craze is sweeping the crypto market, and a new star 'BoopDotFun' has recently emerged in the Solana ecosystem. Launched by renowned NFT collector @dingalingts, it generated widespread attention within just one day of its launch, and its platform token $BOOP even surged to a market cap of $500 million. This article will delve into the operational mechanisms of BoopDotFun, user participation strategies, and its competitive positioning among various launch platforms.
What is BoopDotFun? The meme launch 'alchemy' on Solana.
BoopDotFun is a meme coin launch platform on Solana, committed to creating a positive circular ecosystem that encourages creation, trading, and holding. Its biggest feature is designing a reward mechanism centered around the ecological token $BOOP, using 'successful launching of tokens on the external market', that is, transferring to external liquidity pool trading, as the reward threshold and trigger point.
boopdotfun rewards the @solana ecosystem’s meme makers & risk takers.
My platform puts the fees right back in the trenches & hands out rewards to the real ones creating and supporting their fave cults.
Time for the meme takeover (˶˃ ᵕ ˂˶) pic.twitter.com/NF3uBNYmZK
— boop (@boopdotfun) April 30, 2025
Unlike traditional airdrop models, BoopDotFun launched its airdrop event on the day of its launch, directly distributing tokens, and is committed to solving the common problem of 'buying high and getting stuck' in the meme coin market. By staking $BOOP to participate in launch events, users can share in launch profits and transaction fee earnings.
Three major reward mechanisms: from creation to staking profit-sharing incentive model.
Daily distribution of 1 million $BOOP Emission Pool profit-sharing.
A fixed daily distribution of 1 million $BOOP tokens will be evenly distributed according to the number of successful meme coins launched that day, allowing everyone from token creators to holders to receive airdrops.
It is worth mentioning that participants do not need to stake $BOOP; they only need to hold successfully launched meme coins to receive rewards.
$BOOP stakers exclusively enjoy: 5% meme coin holding airdrop upon launching on the external market.
If you stake more than 10,000 $BOOP and still hold that token during the successful launch of the meme coin on the external market, you can proportionally share 5% of the total supply of that token as an airdrop. If a certain token's market cap skyrockets after the launch, stakers could receive airdrop values worth thousands of dollars.
Transaction fee profit-sharing mechanism, long-term staking also has cash flow.
Subsequent transactions of successfully launched tokens will incur a 1% fee, of which 60% will be returned to $BOOP stakers, creating a long-term passive income source, building an economic structure similar to 'shareholder dividends' for platform users.
Three major practical strategies: How can users maximize their earnings?
Regarding the gameplay of BoopDotFun, on-chain researcher @CryptoCharming1 has provided several concepts.
Strategy One: Build your own flywheel, handling everything from creation, repurchase to staking.
Create and launch your own meme coin, buy tokens to drive up prices, share in Emission Pool rewards, and stake $BOOP for airdrops and transaction fee profit-sharing.
The advantage of this strategy is to control all roles and maximize profits, but the downside is that the costs of launch fees and transaction wear and tear must still be taken into account.
Strategy Two: Become a $BOOP staker, binding the platform's cash flow.
Stake at least 10,000 $BOOP to enjoy a large amount of token airdrops and transaction fee earnings.
The advantage of this strategy is similar to becoming a shareholder of the platform, with stable long-term income, but the downside is that the price of $BOOP is quite volatile.
Strategy Three: Jump on the external market train for quick arbitrage.
Track the progress of the Bonding Curve, predict the upcoming launched tokens, quickly cash out after launch, and share in the $BOOP Emission rewards.
The advantage of this strategy is that it can achieve high returns in the short term, but the downside is the high risk of market volatility, which may still result in losses due to crashes.
The market competition is fierce: BoopDotFun vs Pump.fun
Dune data shows that as the leading meme coin launch platform, Pump.fun has launched over 10 million tokens since its launch last year, earning over $670 million in transaction fee revenue.
In March of this year, Pump.fun further launched its own DEX PumpSwap, reducing dependence on Raydium, even briefly ranking first in daily trading volume among DEXs on Solana.
(PumpSwap strongly tops: trading volume surpasses Raydium, becoming the largest DEX on Solana)
On the other hand, Raydium has also launched its own launch platform LaunchLab. As a countermeasure to PumpSwap, this platform offers various Bonding Curve and quoting options, trying to capture the market. However, in terms of effectiveness, it may still need to put in more effort.
(Raydium launches a token issuance platform LaunchLab: 50% fee profit-sharing to combat Pump.fun)
Is BoopDotFun a flash in the pan or the new dominant pvp platform?
As crypto KOL @waleswoosh stated, Pump.fun, as the current main pvp arena, will eventually lead to community resentment due to the lack of profit-sharing and feedback mechanisms, and will be replaced by other platforms:
After each market cycle, mainstream platforms are often hated and nailed to the cross. After the NFT bull market, Opensea became the public enemy. After the meme coin bull market, Pump.fun will also be the public enemy. The main reason is: 'Mainstream platforms extract most of the liquidity and funds in the form of fees.'
At this point, BoopDotFun has stood out among numerous meme coin launch platforms, showcasing innovative reward design and strong market appeal. However, whether it can truly shake the position of Pump.fun still needs time to verify.
This article Boop.Fun ignites market hot topics: How does $BOOP become the new star of Solana, challenging the position of Pump.fun? First appeared in Chain News ABMedia.
