Pump.fun Regains Dominance in Meme Coin Launchpad Market
Pump.fun has decisively reclaimed its position as the leading platform for meme coin creation, now controlling 95% of the market. This resurgence comes after a brief challenge from rival Four.meme, which had surged in early October following comments from former Binance CEO Changpeng Zhao about a potential meme coin season.
Despite a broader contraction in the launchpad market, Pump.fun continues to generate approximately $1 million daily. The platform's success is further underscored by its high token graduation rate, with over 170 tokens gaining enough liquidity to trade on major DEXs like Raydium within 24 hours.
Four.meme's momentum proved unsustainable, allowing Pump.fun to reassert its dominance. The shift highlights the volatile nature of the meme coin sector, where platform loyalty can be fleeting and heavily influenced by external factors.
