Recently, friends launching tokens on Solana have been talking less about Pump.fun and more about a new name - LetsBONK.fun.
Some say Pump.fun has been dethroned, and this is the new king.
What exactly happened? Why are community users quietly changing their preferences?
We'll explain this "platform shift" story in simple language.
Pump.fun: From Former Hegemon to Trapped in Public Opinion Vortex
Over the past year, Pump.fun was the hottest meme token launch platform on Solana.
It was simple to operate, requiring just a few steps to launch a token, attracting a wave of creators and speculators.
It could launch over 10,000 meme projects in a single day, earning massive profits.
But problems gradually emerged:
The platform earned a lot of money, accumulating over $700 million in revenue in just over a year
User returns were minimal, with data showing less than 5% of users earning over $1,000
The platform didn't support project growth and left nothing for the community or ecosystem
Finally, it announced plans to launch a platform token, with a valuation of $4 billion!
In short: The platform earned a lot, while users became mere "supporting tools".
LetsBONK.fun: Not Here to Compete, But to "Co-build"
In April 2025, the meme coin BONK community-led launch platform LetsBONK.fun went online.
Its debut was eye-catching:
· 800,000 participants on launch day, 2,700 tokens published
· Trading volume exceeded $300 million within 24 hours
· Over 180,000 tokens have been issued through the platform, far surpassing similar platforms
The key difference is: The platform doesn't harvest users but returns income to the ecosystem.
A truly "co-building platform": How is income distributed?
Let's look at the on-chain distribution data from July 7, 2025 (total revenue 68,768 SOL):
Mutual Achievement of Platform and Meme: LetsBONK.fun Provides Real Financial Support
LetsBONK.fun not only supports project launches but also financially supports them.
Taking $USELESS as an example:
The platform directly purchased $USELESS from the market, establishing a project treasury
And using these assets to help the project apply for listing on first-tier exchanges
Statistics show over $600,000 has been invested in such efforts
In the Meme World, Such Support is Almost Unprecedented.
Pump.fun made money from community hype without leaving projects any resources; while Bonk.fun uses real money to push projects to bigger stages.
It can be said that LetsBONK.fun did what Pump.fun never did, and users are voting with their feet.
One set of latest data tells the whole story:
As of July 2025:
· LetsBONK.fun's token issuance reached 15,600, officially surpassing Pump.fun's 11,500
· LetsBONK market share is 51%, with Pump.fun dropping to 39.9%
· Leading in popular projects, active users, and daily trading volume
These aren't just achieved through "hype", but represent a new generation of token launch models integrated with community, functionality, and narrative.
So, Why Did Users Choose LetsBONK.fun?
Because it conveys a signal:
· You're not just a tool, but a co-builder
· Projects aren't for harvesting, but for growing
· Participation isn't about "dreaming", but "doing"
This is why so many people are rushing to this platform - not just to launch a token, but to create a space where they can "play long and go deep".
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