What LetsBonk Outearning Pump.fun in a Day Means for Solana’s Meme Coin Wars
In a space that moves fast, even a one-day flip can signal the next major shift in momentum.
For nearly a year, Pump.fun held the crown as the go-to launchpad for Solana-based meme coins. It dominated the space with little resistance. But that streak just snapped at a time before its token sale.
In the last 24 hours, a new meme coin launchpad—LetsBonk—has flipped the script. It pulled in $1.04 million in revenue, nearly double Pump.fun’s $533,412, according to DeFiLlama. This marks the first time a Solana-native memecoin platform has outperformed Pump.fun on its own turf.
Normally, when a newer platform overtakes an older one, it’s because they’re playing on different blockchains or targeting slightly different audiences. But that’s not the case here. Both Pump.fun and LetsBonk are built on Solana, and both aim to make launching and trading meme coins ridiculously easy.
So, what’s driving this sudden shift?
A big part of it comes down to branding. LetsBonk is deeply tied to the BONK memecoin community—arguably one of the most active and passionate groups on Solana. With over 430,000 followers on X, BONK’s meme-first culture and aggressive marketing are clearly pushing a lot of early traffic to the platform.
The numbers back it up. BONK currently has a $1.8 billion market cap and $1.2 billion in daily trading volume, per CoinGecko. Since the launchpad dropped on April 25, BONK’s price has jumped by 52%, rising from $0.00001535 to $0.00002332. That kind of momentum doesn’t look accidental.
Of course, LetsBonk is still a long way from touching Pump.fun’s 30-day revenue of $37 million. But it’s already starting to feel like more than a one-day spike. The team behind LetsBonk is pushing a bold narrative: a “self-serving launchpad” meant to fight back against the predatory fees and centralized control that plague most meme coin ecosystems.
All of this casts a new light on Pump.fun’s upcoming token sale on July 12
Until now, they’ve had the spotlight mostly to themselves. But LetsBonk’s rise introduces real pressure. This isn’t just another launch—it’s a chance for Pump.fun to prove they still deserve to lead. If it ends up being just hype with no strong reason for users to stick around, that momentum could easily keep shifting to whoever’s more exciting—and right now, that’s LetsBonk.
Maybe the event was just a 24-hour upset. But maybe it’s something more. In crypto, small shifts in attention can snowball into full-on migrations. Which means July 12 won’t just be another date on the calendar—it could be a turning point.
One way or another, the memecoin race on Solana just got a lot more interesting.
David Adubiina
