šŸ“° Today in Crypto: LetsBonk Surges, TON Visa Claims Denied, and a Massive BTC šŸš€ LetsBonk Outpaces Pump.fun in Memecoin Revenue

Solana’s memecoin battleground just saw a major upset. LetsBonk, a relatively new memecoin launchpad, has overtaken the long-dominant Pump.fun, doubling its daily revenue. According to DefiLlama, LetsBonk raked in $1.04 million in 24-hour revenue on Monday, compared to Pump.fun’s $533,412.

This sudden surge marks a significant power shift in the memecoin space. LetsBonk is benefiting from strong backing by the BONK community — one of the largest and most active Solana-based memecoin ecosystems. With over 430K followers on X and a $1.8B market cap, BONK’s influence appears to be steering a growing user base toward LetsBonk.

Launched in April 2025, LetsBonk brands itself as a ā€œself-serving launchpad for memecoins,ā€ aimed at countering what it calls exploitative practices in the space. Its emphasis on decentralization and social engagement may be paying off.

šŸ‡¦šŸ‡Ŗ TON Falls After UAE Denies Golden Visa Rumors

Toncoin (TON) faced a sharp 6% dip after United Arab Emirates authorities debunked reports that staking $100,000 worth of TON could grant access to the coveted UAE golden visa.

TON had briefly surged 10% to $3.03 following a statement from The Open Network suggesting that long-term staking could qualify applicants for residency. But on Monday, UAE officials issued a clear denial through the Emirates News Agency, stating:

ā€œGolden visas are not issued to digital asset holders. Digital currency investments are governed by separate regulations.ā€

The news serves as a reminder to verify such high-impact claims through official channels, especially as global crypto regulations remain fluid and complex.

šŸ‹ $8.6B Bitcoin Whale Moves Funds — But It’s Not a Sell-Off

A mysterious Bitcoin whale stirred after 14 years of silence, moving a massive $8.6 billion worth of BTC last Thursday — sparking widespread speculation. But according to blockchain analytics firm Arkham, there’s no indication of a sell-off.