Pump.fun's dominance is being threatened by emerging platforms, with daily 'graduation' Token shares significantly declining.

GateUser-6433627c · 2025-05-14T22:10:32+00:00

On May 15, according to Dune data, Pump.fun's dominant position in the daily "graduation" Token market is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Pump.fun's market share has dropped from over 98% to 57.5%, while Letsbonk.fun accounts for 17.9%, Believe for 12.9%, and LaunchLab for 5%. At the same time, recent popular memes such as LAUNCHCOIN, GOONC, DUPE, and Hosico have all been released on Letsbonk.fun or Believe.

GateUser-6433627c

2025-05-14 22:10:32

Abstract generation in progress

On May 15, Lookonchain cited Dune data indicating that the dominance of Pump.fun is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Currently, among the daily “graduated” Tokens in the market, Pump.fun has dropped from over 98% to 57.5%. Letsbonk.fun accounts for 17.9%, Believe for 12.9%, and LaunchLab for 5%. The most popular memes recently (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have all been launched on Letsbonk.fun or Believe.

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