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Pump Drops Below 60% Market Share as Bonk Rises: What’s Next for Meme Coins?

Pump Drops Below 60% Market Share as Bonk Rises: What’s Next for Meme Coins?

Market share chart of top meme coins including Pump and Bonk

If you’ve been keeping an eye on the meme coin scene, you’ve probably noticed some exciting shifts lately. A recent tweet from Kadense Pengu on July 5, 2025, highlighted a big moment: for the first time, Pump’s market share has dipped below 60%, while Bonk is making waves with a solid 24.50% share. Let’s break this down and explore what it means for the future of meme coins.

The Big Shift: Pump Loses Ground

For a while, Pump has been the king of the meme coin hill, holding a dominant 59.90% market share with a hefty $472M market cap. But as the chart shows, that lead is shrinking. This drop could signal a few things: maybe investors are diversifying, or perhaps Pump’s hype is cooling off after a strong run. With 450 trading pairs, it’s still a powerhouse, but the competition is heating up.

Bonk’s Rise to the Occasion

Stepping into the spotlight is Bonk, a Solana-based meme coin that’s climbed to 24.50% market share and a $192M market cap. What’s driving this growth? The tweet suggests it’s partly due to multiple launchpad launches this week, which seem to be funneling interest back into the Bonk ecosystem. With 101 trading pairs, Bonk is proving it’s not just a flash in the pan—its community is growing, and the momentum is real.

Other Players in the Game

The chart also shines a light on other meme coins vying for attention:

These numbers show a diverse landscape where no single coin is running away with the market—yet.

Why This Matters

So, why should you care? Meme coins are all about trends and community hype, and this shift could be a sign of bigger changes. If Bonk keeps growing, it might challenge Pump’s dominance, especially on the Solana blockchain, known for its speed and low costs. For investors, this is a chance to jump on a rising star—or hedge bets across multiple coins.

The tweet’s mention of “all flows back to $BONK” hints at a strong ecosystem effect, where new projects and launches reinforce Bonk’s value. It’s a classic case of a meme coin feeding off its own success, much like Dogecoin did in its heyday.

What’s Next?

As of 03:08 AM +07 on July 6, 2025, the meme coin market is buzzing. Will Pump fight back, or is Bonk poised to take the crown? Keep an eye on social media and trading volumes for clues. If you’re new to this space, start small, do your research, and maybe check out meme-insider.com for the latest updates and insights.

What do you think—ready to ride the Bonk wave or sticking with Pump? Drop your thoughts in the comments!

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