In news that will make your crypto-hodling cousin text you âBonk to the Moon!â for the next two weeks: Solana memecoin launchpad LetsBonk just flipped its arch-nemesis Pump.fun in 24-hour revenue, per serious grown-ups at DefiLlama. The numbers are in, and LetsBonk bagged a whopping $1.04 million in the last 24 hours. Pump.fun? Just $533,412. Sad trombone noise.
So, whatâs going on here? Apparently, the highly disciplined (read: ungovernable) Bonk (BONK) memecoin community smelled an opportunity and memeâd LetsBonk to the top. Social campaigns, GIFs, possibly a ceremonial summoning circleâwhatever it was, it worked.
BONK isnât just your garden-variety meme token. With 430,000+ followers on X (and presumably at least twelve dogs named âBonkâ on TikTok), BONK is the popular kid at Solana High. CoinGeckoâs numbers put its market cap at $1.8 billion and a daily trading volume of $1.2 billion. That makes it the No. 58 crypto token worldwideâstill fewer fans than Taylor Swift, but a lot more than your cousinâs band.
Pump.fun: âBut Look at the Last 30 Days, Mom!â
LetsBonkâs claim to fame? The launchpad dropped on April 25âa day that will live in blockchain infamyâand promised to be the âself-serving launchpad for memecoins.â Which sounds like something a Bond villain would say if he really liked memes and spreadsheets.
Apparently, the platform is on a mission to end âpredatory practicesâ in the wild, wild west of memecoin launches. Which, letâs be honest, is like outlawing sharks from being sharks.
over the past 30 days, Pump.fun has absolutely nuked the competition, clocking in $37 million in revenue versus LetsBonkâs $4.5 million. So, longtime holders, you can stop composing your thinkpieces. For now.
BONK: The Dog Coin With Actual Bite ððļ
LetsBonkâs big entrance seems to have given BONK the kind of price boost usually reserved for Silicon Valley snacks or Taylor Swift tickets. Back on April 25, BONK was chillinâ at $0.00001535. But as of this writing, the little dog has jumped to $0.00002332. Thatâs an almost 52% surgeâin percentages, thatâs like finding out your grandma is Dogecoinâs secret whale.
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