Pump.fun's dominance is being threatened by emerging platforms, with daily "graduation" token share falling sharply
Online reports, Lookonchain quoted Dune data as saying that Pump.fun's dominant position is being challenged by new platforms such as Letsbonk.fun, Believe and LaunchLab. Currently, among the daily "graduation" tokens on the market, Pump.fun has dropped from the previous 98%+ to 57.5%. Letsbonk.fun accounted for 17.9%, Believe accounted for 12.9%, and LaunchLab accounted for 5%. The most popular memes in the near future (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) are all published on Letsbonk.fun or Believe.
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