Pump.fun is witnessing a market share decline to 57.5% as competitors like Letsbonk.fun, which now holds a 17.9% share, rise in prominence. New entrants Believe and LaunchLab further contribute to this market reshuffling.
This shift indicates heightened competition in the meme coin launchpad sector on Solana, which was previously dominated by Pump.fun.
The emergence of community-centric platforms aligns with increasing interest in profit-sharing and ecosystem participation among users.
Analysts suggest that ongoing innovations in community-driven models may lead to sustained changes in Solana’s competitive landscape.
Full story here: https://coincu.com/337638-solana-meme-coin-launchpad-shifts