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Pump.fun’s Memecoin Dominance Challenged as LetsBONK Gains Traction
Pump.fun’s Memecoin Dominance Challenged as LetsBONK Gains Traction
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BTCCSquare news:
The memecoin arena witnesses a dramatic power shift as LetsBONK surpasses Pump.fun in newly created tokens. PUMP's post-ICO plunge—losing 22% in a single day—exposes the fragility of hype-driven assets. Market sentiment sours despite Pump.fun's $31.3 million buyback program, with the token now hovering NEAR its $0.004 launch price.
Investors face a sobering reality: viral tokenomics collide with market forces. The LetsBONK platform capitalizes on growing skepticism toward Pump.fun's economic model, where even substantial buybacks fail to sustain momentum. Memecoin volatility remains unchecked as traders navigate manipulated rallies and abrupt corrections.
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