What on earth is happening in meme coin land right now?
In an explosive twist no one saw coming, Bonk.fun, also known as LetsBonkFun, just dethroned Ethereum-based launchpads in 24-hour revenue, sending shockwaves through the memecoin world.
The platform not only outpaced Solana-based competitors but also pulled ahead of Ethereum itself, a staggering feat that has traders scrambling.
But it’s not just Bonk.fun that’s ripping, $SNORT, the cheeky crypto aardvark token born on the platform, is riding this momentum with a jaw-dropping surge in volume and price.
With memecoin energy back at full blast and degen capital flooding into launchpads, the question isn’t just who’s next – it’s how far can this madness go?
That’s just for a day. But for the week, bonk.fun beat out pump.fun and Raydium among launchpads. It also casually bested Solana’s weekly revenue ($8.25M to $967K).
As letsbonk.fun surges and $BONK climbs, other meme coin projects look ready to rock.
Livestream data reveals that 19,000 memecoins were launched in 24 hours via letsbonk.fun vs 9,200 via pump.fun, capturing 58% market share.
Bonk.fun appears to be amplifying momentum, not just riding an existing meme coin wave. 50% of launchpad fees are directed toward BONK buybacks, reinforcing demand and supporting token value.
$BONK has accordingly surged 70% since April, trading around $0.000037.
Bonk.fun is benefiting from a rejuvenated Solana ecosystem. Solana launchpads raised $52.6M in revenue in the past 30 days, while $SOL itself trades at $174, up 12% in the past week.
Yet with high velocity comes high risk. Many meme coins launched via these platforms collapse mere days post-launch. Others surge 1000s of percent before falling back to earth. That’s in part because of the frenetic nature of Solana meme coin trading and the broader meme coin sector.
Part of that increase is due to pump.fun, the former king of Solana meme coins, and the long-awaited $PUMP token launch. $PUMP briefly crested $2B market cap, before its price fell 14% to a $1.85B market cap.
So which meme tokens are next to go to the moon? With the craziness of the Solana ecosystem, even experienced traders need next-level tools. That’s where the Snorter Bot comes in.
Dodge Scams. Snipe Gems. Trade Like a Pro — Automatically with $SNORT
Looking for alpha? Snipe the best new launches before the crowd. Execute blazing-fast swaps on Solana’s lightning infrastructure, set stop loss and take profit like a seasoned trader.
Even better? Just copy top-performing wallets and let the system trade for you. $SNORT does it all — automatically. You focus on the gains, it handles the rest.
$SNORT powers the Snorter Bot, the best way to find hidden meme coin opportunities on the less-traveled parts of the Solana ecosystem, like Telegram. Don’t miss the tokens that skyrocket and then crash – find them early, ride them to big gains, and then take your profit.
Letsbonk.fun’s explosive rise—fueled by record-breaking revenue and boosted by surging $BTC and $SOL prices—may signal a significant shift in the memecoin landscape.
Play carefully with Solana’s meme coin fire. Always do your own research and remember the crypto – and especially meme coins – are always volatile.
