📍 Pump.fun is closely following the Solana memecoin race, but it still has a long way to go to overtake Letsbonk
📌 New tokens minted by pump.fun are more: In the past 24 hours, Pump.fun recorded 13,690 new tokens, slightly surpassing 13,392 from letsBONK.fun — meaning it is temporarily leading in the number of tokens minted.
📌 Liquidity far exceeds letsBONK.fun: The daily trading volume of letsBONK.fun reached 87.7 million USD, higher than Pump.fun with 82.4 million USD — what matters most is the volume, not the number of tokens.
📌 The price of positioning: Pump.fun has a long-standing reputation and many tokens achieving million-dollar market caps (245 tokens compared to 52 tokens of its competitor), but it only holds 22% of the creation market share — having been overtaken by letsBONK.fun, which leads with 66.5% share of the entire Solana launchpad segment.
📌 Revenue plummets: Pump.fun now has about 1.37 million USD in daily revenue, while letsBONK.fun generates about 8.4 million USD/day from fees on the bonding curve. Pump.fun currently holds only ~22% market share, compared to ~46% previously.