PUMP Plummets 15% as Bonk Launchpad Eclipses Competitors – Here’s Why It Matters

Bonk’s launchpad just sucked the oxygen out of the room—and PUMP is gasping for air. The memecoin darling tanked 15% overnight as traders flocked to the hotter, shinier object. Classic crypto.

Market Shifts Overnight

Bonk’s aggressive tokenomics and influencer blitz stole PUMP’s thunder—and its liquidity. Retail FOMO piled into the new project, leaving older altcoins in the dust. Even by crypto’s ruthless standards, this was a bloodbath.

What’s Next for PUMP?

Without a major catalyst, PUMP could keep bleeding. The team’s ‘vibes-based’ roadmap isn’t cutting it against Bonk’s relentless marketing machine. Pro tip: maybe try building something useful? Just a thought.

Meanwhile, degens are already calling the bottom—because nothing screams ‘investment thesis’ like catching a falling knife. Stay tuned for the next episode of ‘As the Meme Turns.’

At the same time, Pump.fun experienced a significant drop in market share. In late July, its revenue share plummeted from 88% to just 19%, while LetsBonk’s dominance surged from 25% to about 78%. Pump.fun is also losing ground in the number of daily memecoin launches, with LetsBonk now leading the category.

Pump.fun is increasingly losing out to Bonk

Pump.fun’s revenue share has declined despite recent efforts to expand its ecosystem and incentivize creators. In May, Pump.fun introduced a 50% revenue share model, allowing creators to earn a portion of trading fees generated on the platform. On March 20, Pump.fun also launched its own decentralized exchange, PumpSwap, to capture additional fee revenue.

LetsBonk is a Solana-based memecoin launchpad created by the team behind the Bonk memecoin. Bonk is one of the largest memecoins on the solana network, supported by a strong community. Since its launch in April, LetsBonk has offered a 60% revenue share and distributed fees to BONK token holders.