LetsBONK surpasses Pump.fun in daily memecoin launches on Solana

Memecoin launchpad LetsBONK (letsbonk.fun) has overtaken Pump.fun for the first time since January 2024, recording 16,514 new token launches in 24 hours compared to Pump.fun’s 10,160. It also led in token graduations (135 vs. 103), captured 49.8% of market share, and outpaced Pump.fun by $86 million in trading volume. Despite this, Pump.fun still had more active users. BONK, the memecoin supported by LetsBONK, jumped 22% in price. The platform also recently concluded a $200,000 hackathon.