LetsBonk Surpasses Pump.fun in Daily Revenue, BONK Memecoin Jumps 52%

Let 'sBonk, a rising Solana memecoin launchpad, has outperformed its main rival, Pump.fun in 24-hour revenue, according to data from DeFiLlama—marking a notable power shift in the Solana memecoin ecosystem.

LetsBonk Flips Pump.fun in Daily Revenue

According to DeFiLlama, LetsBonk raked in $1.04 million in 24-hour revenue, coming close to tripling Pump.fun's $533,412 for the same duration. This bump has been a rare instance where Pump.fun, usually the leading revenue-generating player in the niche, has been surpassed.

The two sites both provide easy-to-use interfaces for creating and trading memecoins on Solana, but LetsBonk is picking up momentum—largely due to encouragement from the Bonk (BONK) community and focused social campaigns.

BONK Community Powers Surge

Solana's most popular token, the BONK memecoin, now has more than 430,000 followers on X. BONK's market capitalization is currently about $1.8 billion, and its 24-hour trade volume is $1.2 billion, making it the 58th-largest market cap cryptocurrency, based on CoinGecko.

Since its release on April 25, LetsBonk, the value of BONK has gone up from $0.00001535 to $0.00002332, an almost 52% rise in value.

LetsBonk Launchpad Gains Popularity

Defined by its creators as a "self-serving launchpad for memecoins," LetsBonk has set out to combat predatory behavior in the space and offer long-term support for Solana-based projects.

"We think memecoins are here to stay and want to provide an alternative platform that has faith in Solana for the long term," the LetsBonk team said.

Future developments hold the promise of rich features, richer DeFi integrations, and community-driven expansion. The project has also collaborated with Raydium's new LaunchLab smart contract, opening users up to access liquidity pools as well as bot integrations.

Pump.fun Still Dominates 30-Day Metrics

Even after losing its crown on the daily chart, Pump.fun is still the highest earner on a longer timeline. DefiLlama information indicates that Pump.fun earned $37 million in revenue over the last 30 days, while LetsBonk earned $4.5 million for the last 30 days.

The rivalry indicates mounting competition and innovation within the Solana memecoin launchpad sector, with LetsBonk and BONK at the forefront.

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