Letsbonk.fun Strikes Back, Surpasses Pump.fun in Launchpad Race

Pump.fun made waves with the launch of its PUMP token on July 14, briefly overtaking Letsbonk.fun in market share. But just four days later, the tide has turned. According to data from Jupiter, Letsbonk.fun has surged back to dominance, capturing 56% of the memecoin launchpad market, well ahead of Pump.fun’s 36.3%. With this rebound, Letsbonk.fun now firmly leads the sector once again.

In the past 24 hours, Letsbonk.fun led in trading volume with $938 million, outperforming Pump.fun’s $606 million. However, Pump.fun still recorded nearly twice the number of active traders compared to Letsbonk.fun.

Data from the "Memecoin Wars" dashboard on Dune shows that Letsbonk.fun continues to dominate the memecoin launchpad landscape. On July 17, Letsbonk.fun accounted for 24,008 of the 38,377 tokens deployed that day, representing 62.5 percent of the total. Pump.fun contributed 10,979 tokens, or 28.6 percent.

The gap is even wider when looking at token graduations. Letsbonk.fun had 261 tokens graduate, which is 73.1 percent of the day's total of 357. Pump.fun recorded 90 graduated tokens, or 25.2 percent, while Launchlab saw only 6 tokens graduate, accounting for 1.7 percent.

Letsbonk.fun Emerges as the Go-To Launchpad for Viral Memecoins

According to the latest 24-hour volume rankings from GMGN, the top five tokens at the time of writing are TRUMP, FARTCOIN, PUMP, VALENTINE, and ANI. Both Valentine and ANI are newly launched memecoins inspired by the name of Elon Musk’s Grok AI companion. Notably, these two tokens were deployed on Letsbonk.fun, further underscoring the platform’s growing influence and dominance in the memecoin launchpad ecosystem.

VALENTINE, which launched just one day ago, has already recorded $74.6 million in trading volume with nearly 179,000 transactions and 12,000 holders. ANI, only three days old, is not far behind, generating $58.9 million in volume with over 104,000 transactions and 18,100 holders. The performance highlights Letsbonk.fun’s growing reputation as the preferred launchpad for viral memecoins.

PUMP and BONK Lag Behind Despite Meme Market Rally

Although the overall market is up following the U.S. House's passage of three landmark crypto bills, key memecoins like PUMP and BONK are showing signs of weakness. The total meme market cap stands at $84.2 billion, reflecting a 6.6 percent gain over the past 24 hours. Still, not every token is pumping. PUMP is down 8.2 percent in the past 24 hours, currently trading at $0.004599. It has fallen more than 60 percent from its all-time high on July 13, although the current price remains slightly above its public sale price of $0.004.

Meanwhile, BONK has dropped 6.35 percent, now trading at $0.000035, but it is still up over 50 percent in the past week, signaling strong short-term momentum.