Pump.fun's Dominance Threatened by Emerging Platforms as Daily "Graduation" Token Share Drops Significantly
According to Dune data cited by Lookonchain, Pump.fun's dominance is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Among the daily "graduation" tokens in the current market, Pump.fun has decreased from over 98% to 57.5%. Letsbonk.fun accounts for 17.9%, Believe for 12.9%, and LaunchLab for 5%. The most popular recent memes (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have been launched on Letsbonk.fun or Believe.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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