LetsBonk.fun Launches Weekly Token Buybacks; Pump.fun Holds Off on Airdrop for Now

LetsBonk.fun has announced a strategic shift in its revenue allocation, dedicating 1% of bonk.fun’s total protocol income to buy back leading meme token pairs within its ecosystem. According to founder Tom, this allocation will be redirected from the marketing fund and executed on a weekly basis. “Any pair that reaches high levels can be included,” Tom posted on X.

LetsBonk.fun currently leads the launchpad market by a wide margin, holding a dominant 72.3% market share with a 7-day trading volume of $2.91 billion. In comparison, Pump.fun ranks second with a 22.1% market share and a 7-day volume of $890 million. Although both platforms are well ahead of other competitors, the gap between them remains significant, with LetsBonk.fun generating more than three times the trading volume of Pump.fun.

According to Dune data, LetsBonk.fun saw around 23,497 tokens launched in the past 24 hours, while Pump.fun recorded approximately 8,138. In terms of graduated tokens, LetsBonk.fun had 246, compared to 63 on Pump.fun. These figures highlight that LetsBonk.fun has significantly outpaced Pump.fun in overall activity and output.

Pump.fun Confirms No Immediate Airdrop, Details to Be Announced

Meanwhile, Pump.fun has provided an update regarding its plans for a potential airdrop, which has been a topic of speculation on Crypto Twitter for a long time since the launch of the PUMP token.

Pump.fun cofounder Alon Cohen confirmed that the platform will not be launching an airdrop in the immediate future. Cohen added that the specific timeline and implementation details for the airdrop will be announced once they are finalized. In an interview with X influencer Threadguy (@notthreadguy), Cohen stated, “The goal of the airdrop is to reward the community that helped to build the platform that has flourished for the past 1 to 1 and a half year. We want to make sure that it's a meaningful airdrop and it is executed well.”

Cohen sees this as a valuable opportunity to strengthen the ecosystem, increase trading volume, and support long-term engagement. He believes it will play an important role in regaining attention and sparking renewed interest.

Following the announcement, the PUMP token saw a sharp decline, falling from approximately $0.004 to $0.003, a drop of nearly 25%. It is now trading at $0.0032, below its public sale price of $0.004.