BlockBeats reports that on August 20, the Meme launch platform Letsbonk under BONK saw a significant reduction in token issuance and graduation tokens in the past 24 hours compared to recent highs, having once surpassed Pump.fun last month. Letsbonk had only 1 graduation token in the past 24 hours, while Pump.fun had 166.

According to Dune data, in the past 24 hours, the token issuance of Pump.fun was approximately 20,096, Letsbonk was 338, and BAGS was 920. Notably, the Launchpad platform Heaven has recently seen a surge in market share, with a token issuance of 6,967 in the last 24 hours.

In the market share ranking of Solana token issuance platforms in the past 24 hours, Pump.fun occupies 63.6%, Heaven occupies 28%, and Letsbonk's market share has shrunk to 1%.