Currencies33981
Market Cap$ 3.63T+3.09%
24h Spot Volume$ 65.02B+8.31%
DominanceBTC60.89%-0.65%ETH9.24%+3.68%
ETH Gas0.83 Gwei
Cryptorank

Pump.fun’s Fall From Grace Is a Warning to All ‘Move Fast and Break Things’ Projects


by Coin Edition
for CoinEdition
The Rise of letsBONK.fun and the Fall of Pump.fun's Dominance
  • LetsBONK launched over 15,600 tokens, while Pump.fun launched 11,500
  • LetsBONK processed $86 million more than Pump.fun on July 6
  • BONK recently became Solana’s top memecoin by market cap

LetsBONK has officially overtaken Pump.fun as the #1 memecoin launchpad on Solanas, surpassing it on July 6 in token launches, graduations, and volume.

According to Dune Analytics and Jupiter data, LetsBONK launched over 15,600 tokens, while Pump.fun launched 11,500. 

The number of graduated tokens on LetsBONK was 135 versus 103 on Pump.fun. Graduation typically means a token met the liquidity and trading milestones required to be listed on larger Solana DEXs.

When it comes to 24-hour trading volume, LetsBONK processed $86 million more than Pump.fun that day. Also, LetsBONK has 49.8% of the market share in daily activity, compared to Pump.fun’s 40.9%.

It’s worth noting that Pump.fun still has more active traders, but LetsBONK has more volume and launch throughput, showing rising momentum.

LetsBONK’s rise

There are several factors why LetsBONK is seeing a surge. 

For instance, LetsBONK is designed to funnel economic activity back into BONK (which recen…

The post Pump.fun’s Fall From Grace Is a Warning to All ‘Move Fast and Break Things’ Projects appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules

Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules

Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC th...
SlowMist Details How a Fake Bot Was Used to Steal a Trader’s SOL

SlowMist Details How a Fake Bot Was Used to Steal a Trader’s SOL

A memecoin trader on the Solana (SOL) network using the Pump.fun launchpad lost funds...

Pump.fun’s Fall From Grace Is a Warning to All ‘Move Fast and Break Things’ Projects


by Coin Edition
for CoinEdition
The Rise of letsBONK.fun and the Fall of Pump.fun's Dominance
  • LetsBONK launched over 15,600 tokens, while Pump.fun launched 11,500
  • LetsBONK processed $86 million more than Pump.fun on July 6
  • BONK recently became Solana’s top memecoin by market cap

LetsBONK has officially overtaken Pump.fun as the #1 memecoin launchpad on Solanas, surpassing it on July 6 in token launches, graduations, and volume.

According to Dune Analytics and Jupiter data, LetsBONK launched over 15,600 tokens, while Pump.fun launched 11,500. 

The number of graduated tokens on LetsBONK was 135 versus 103 on Pump.fun. Graduation typically means a token met the liquidity and trading milestones required to be listed on larger Solana DEXs.

When it comes to 24-hour trading volume, LetsBONK processed $86 million more than Pump.fun that day. Also, LetsBONK has 49.8% of the market share in daily activity, compared to Pump.fun’s 40.9%.

It’s worth noting that Pump.fun still has more active traders, but LetsBONK has more volume and launch throughput, showing rising momentum.

LetsBONK’s rise

There are several factors why LetsBONK is seeing a surge. 

For instance, LetsBONK is designed to funnel economic activity back into BONK (which recen…

The post Pump.fun’s Fall From Grace Is a Warning to All ‘Move Fast and Break Things’ Projects appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules

Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules

Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC th...
SlowMist Details How a Fake Bot Was Used to Steal a Trader’s SOL

SlowMist Details How a Fake Bot Was Used to Steal a Trader’s SOL

A memecoin trader on the Solana (SOL) network using the Pump.fun launchpad lost funds...