๐ July 19, 2025 | Miami, USA
What started as the new memecoin promise of the season ended in fiasco in less than a week: PUMP, the token that garnered thousands of headlines for its flash ICO, has just erased all of its initial gains, The Block revealed today. Meanwhile, the attention of degenerate meme traders has already shifted to Let'sBonk, the memecoin generator that is sucking up liquidity and fueling the viral 5-minute token craze.
The fall of PUMP, which soared more than 300% after its initial offering, exposes a brutal reality: the era of express memecoins is reaching a level of turnover and volatility never seen before, where the narrative lasts less than a viral tweet.
PUMP: From Hero to Zero in Days
The PUMP token was promoted as an "auto-pump meme" with a mechanic that incentivized rapid purchases and automatic supply burning. The hype drew tens of thousands of users to participate in its ICO, which raised millions in a matter of hours.
However, in less than seven days, selling pressure and the migration of opportunistic traders to new memecoin narratives caused the price to collapse to levels below its launch price. Several traders posted screenshots of red balances and "rug pull" memes on X without formally claiming to be scammers: there was no direct scam, just the brutal pump & dump dynamic in an unbridled market.
LetโsBonk: The Booming Memecoin Factory
While PUMP is bleeding dry, LetโsBonk, a no-code memecoin generation platform, saw its volume and users skyrocket. The tool allows anyone to launch a meme token in minutes, with contract templates, instant liquidity, and pre-built memes.
The domino effect is clear: users abandon projects that lose momentum (like PUMP) to chase the next DOGE of the day, which will most likely be another โbonkโ or โshibaโ cloned and distributed by LetโsBonk.
LetโsBonkโs founder stated:
โMemecoins are culture, speed, and community. You donโt have to promise anything else. People get it.โ
What does this say about the market?
For some, this endless cycle of throwaway memecoins is pure speculative chaos. For others, it's the most honest essence of crypto culture: a 24/7, unpretentious casino where everyone assumes their own risk. Analysts warn that this sudden PUMP cooldown is a reminder that hype without a product, a solid narrative, or a real community has an immediate expiration date.
Meanwhile, decentralized exchanges and generators like Let'sBonk continue to earn commissions and volume, fueling an ecosystem that reinvents itself hourly, at the expense of novice traders who arrive late to the party.
Topic Opinion:
Memecoins aren't an investment, they're financial entertainment. PUMP is another example of why express greed devours its own holders. There was no scam, there was no hack... just pure speculative dynamics. In DeFi, the trader who arrives last pays for the party.
But it's not all bad: Let'sBonk shows the creative side of crypto culture. It democratizes the launch of tokens and makes the idea that anyone can play at creating a community viral. The problem is that most don't survive even 24 hours in the jungle.
๐ฌ Are you still hunting memecoins like PUMP, or would you rather leave that casino to the degen traders?
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