The memecoin world is heating up once again! The newly launched LetsBonk platform, built on the Solana blockchain, has just overtaken Pump.fun in daily revenue—and not by a small margin. According to data from DeFiLlama, LetsBonk generated over $1 million in revenue in the past 24 hours, nearly double the $533,000 brought in by Pump.fun.
🔹 18,000 new memecoins launched in a single day – that’s how many tokens LetsBonk helped create in just 24 hours.
🔹 The project is powered by a strong BONK community and smart integration with Raydium.
🔹 The price of BONK has surged 60% this week, standing out on an otherwise shaky 2025 memecoin market.
What is LetsBonk and Why Is It Crushing the Competition?
LetsBonk calls itself a "selfish launchpad for memecoins," but the community sees it more as a fast, efficient, and affordable alternative to existing platforms. Its mission? To shield creators from the predatory practices that have plagued the memecoin space for years.
On April 25, the team announced a partnership with Raydium's LaunchLab, simplifying liquidity, bot support, and token creation for both newcomers and seasoned users. The result? Massive revenue growth and platform activity – LetsBonk now ranks as the third-highest earning protocol on Solana, behind only Axiom and Raydium.
Pump.fun Is Bleeding but Not Defeated
While Pump.fun still leads in total revenue over time (with $37 million in the past 30 days), it’s losing steam. Declining interest in Solana-based memecoins has hurt the platform’s momentum. Despite announcing plans for a $1 billion fully diluted valuation and migrating tokens to its native Pump.Swap exchange, critics argue the project is prioritizing profit over community demands.
BONK Shines Amid Memecoin Gloom
BONK appears to be the biggest winner of this new wave. Since the launch of LetsBonk in late April, its price has soared over 118%, including a 60% gain in the past seven days. Technical indicators suggest a possible short-term correction—its RSI is currently above 74.6, placing it in the overbought zone.
Meanwhile, classic memecoins like DOGE, SHIB, and PEPE remain in the red—each down between 48% and 51% since their January highs, highlighting the stark contrast between legacy coins and the new generation of meme-fueled projects like LetsBonk.
#LetsBONK , #solana , #Bonk , #memecoin , #defi
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