BlockBeats news, May 15, Lookonchain cited Dune data indicating that the dominance of Pump.fun is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Currently, among the daily 'graduated' tokens in the market, Pump.fun's share has dropped from over 98% to 57.5%. Letsbonk.fun holds 17.9%, Believe 12.9%, and LaunchLab 5%. Recently, the hottest memes (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have been released on Letsbonk.fun or Believe.
Pump.fun's dominance is being threatened by emerging platforms, with a significant decline in daily 'graduated' token share
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