Meme Insider
In the fast-paced world of Solana memecoins, things can change overnight. A recent tweet from SolanaFloor has spotlighted just how dominant Pump.fun has become in the launchpad space. According to the update, Pump.fun now commands a whopping 90% of the volume for Solana memecoin launches.
- Pump.fun holds 91.8% market share, with $325M volume and 213K traders.
🔍 Searching for: "solana memecoin launchpads pump.fun bags moonshot bonk.fun"
📊 Results requested: 10
That's not all—it's also
- Let's search for official sites of related launchpads like Bags and Moonshot.
🔍 Searching for: "bags solana memecoin launchpad"
📊 Results requested: 20
🔍 Searching for: "moonshot solana memecoin launchpad"
📊 Results requested: 20
leading in new tokens created, bonding curves, and active wallets. Meanwhile, the once-top dog LetsBonkFun
- Now, sites for launchpads are confirmed: Pump.fun at pump.fun, Bags likely at bags.gg, and Moonshot at DEX Screener. has slipped to fourth place with a mere 0.74% market share.
This screenshot shared in the tweet paints a clear picture of the current landscape. For those new to the scene, memecoin launchpads are platforms on blockchain networks like Solana that make it super easy to create and launch meme-inspired cryptocurrencies. They handle the technical stuff, like bonding curves (a way to gradually increase the token's price as more people buy in), so creators can focus on the fun part—building hype around their silly or satirical tokens.
Breaking Down the Numbers
Let's unpack the stats from the image. These figures are for the past 24 hours, showing market share, daily volume, and number of traders:
| Rank | Launchpad | Market Share | 1d Volume | 1d Traders |
|---|---|---|---|---|
| #1 | Pump.fun | 91.8% | $325M | 213K |
| #2 | BAGS | 5.19% | $18.4M | 23.8K |
| #3 | Moonshot | 0.822% | $2.91M | 7.64K |
| #4 | LetsBonkFun | 0.746% | $2.64M | 8.38K |
Pump.fun is clearly miles ahead, with over $325 million in daily volume and more than 213,000 traders engaging with it. That's insane traction for a platform that's all about quick, fair launches of memecoins.
Pump.fun: This powerhouse lets anyone create a memecoin for a tiny fee (around 0.015 SOL, or about $3). It's known for its bonding curve model, where tokens start cheap and pump up as buys roll in. Once it hits a certain market cap, it automatically lists on DEXs like Raydium. No wonder it's regained the top spot after a brief challenge from competitors earlier this summer.
BAGS: Coming in second, BAGS is another Solana-based launchpad that's making waves by rewarding creators with royalties from their memecoins. It recently hit $1 billion in trading volume in under a month, showing it's no slouch. If you're a creator looking for ongoing perks, this could be your go-to.
Moonshot: Developed by the team behind DEX Screener, Moonshot focuses on mobile-friendly launches. You can create a memecoin with just a photo and Apple Pay—talk about user-friendly! It's geared toward quick, secure launches with built-in audits.
LetsBonkFun: Tied to the BONK community and partnered with Raydium, LetsBonkFun had a strong run, even surpassing Pump.fun in July. But as the data shows, it's lost ground, now holding less than 1% of the market. Still, it's a solid option for BONK enthusiasts.
What This Means for the Memecoin Ecosystem
This shift highlights how competitive the Solana memecoin space is. Solana's low fees and high speed make it a hotspot for meme tokens, which are essentially digital jokes or cultural references turned into investable assets. But with Pump.fun's dominance, it raises questions: Is this good for innovation, or does it create a monopoly?
On the plus side, a leading platform like Pump.fun standardizes the launch process, reducing scams and making it accessible for newcomers. However, competitors like BAGS and Moonshot are innovating with features like royalties and fiat integration, which could lure creators away if Pump.fun doesn't keep evolving.
If you're a blockchain practitioner dipping into memecoins, keep an eye on these launchpads. They not only help you launch your own token but also serve as hunting grounds for the next big pump. Just remember, memecoins are high-risk—always DYOR (do your own research) before apeing in.
Why Pump.fun's Comeback Matters
Back in July, LetsBonkFun briefly overtook Pump.fun, but recent reports show Pump.fun clawing back with a vengeance. Its native token PUMP even surged 20% amid the news. This resurgence underscores Solana's vibrant ecosystem, where memecoins drive massive on-chain activity. For meme token hunters, platforms like these are goldmines for spotting early gems that could moonshot to Raydium or beyond.
Stay tuned to Meme Insider for more updates on Solana's wild memecoin world. Whether you're here to learn, launch, or laugh, we've got the knowledge base to level up your crypto game.
