Gm Family, Happy New Week🧡 For the first time in a long time, PumpFun's crown as the king of meme launchpads is under serious threat. LaunchLab, LetsBonk, and JUP studio are coming out of the woodwork to compete. LetsBonk, in particular, is already proving to be a serious headache for PumpFun. @bonk_fun has flipped PumpFun in metrics like daily token launches, token graduates, and volume, becoming the FIRST Solana launchpad to achieve this! It has also managed to capture around 25% of the total meme market share, causing @pumpdotfun's dominance to fall below 60%! There's no doubt that the memecoin wars are now fully on! The only question is: "Who is most likely to win?" Find out what the numbers say👇🏽 #1. Tokens Launched PumpFun was the undisputed leader in the number of token launches, averaging 20k+ new tokens daily. Add token launches from other highlighted launchpads like LaunchLab, LetsBonk, and JUP studio together, and it still doesn't measure up... until yesterday. • PumpFun recorded around 10k new tokens. • LetsBonk had 16k+ • JUP Studio & Launchlab combined only add up to about 1.2k launches. And that gap is only growing wider. In the last 24 hours, • LetsBonk has recorded 18,620 token launches. • PumpFun is at 9,600 tokens • LaunchLab - 545 tokens • JUP Studio - 809 tokens This effectively means that LetsBonk has now captured 58%+ of the total market share for daily tokens deployed! #2. Tokens Graduated In the end, it's not really about how many tokens have been launched, but how many were ultimately successful. The easiest way to capture this is to assess the number of tokens that pull in enough liquidity to "graduate." With that in mind, here's what stats for the past 24 hours look like👇🏽 Launchpad - t. launched - t. graduated - % mkt share • Pumpfun - 9600 tokens - 55 tokens - 24.5% • LetsBonk - 18,620 tokens - 203 tokens - 75.1% • LaunchLab - 545 tokens - 28 tokens - 0.4% As you can see, it's not just that LetsBonk is beating PumpFun in the number of tokens launched. It's also dominating in token graduations! Right now, it has a graduation rate of 1.06%, almost 100% higher than PumpFun's, which is at 0.57%! #3. Active Addresses Despite all of the above, it is interesting that PumpFun still has the highest number of daily active addresses. As of yesterday, PumpFun had over 117k+ active addresses, while LetsBonk and LaunchLab had 45k and 40k, respectively. It's still early hours for today, but numbers suggest that this could be about to change as well. Currently, PumpFun is at 32k users, while LetsBonk is not far behind at 20k+. LaunchLab trails at around 15k Now it's time for a shocker! #4. Token Performance Of all the tokens launched in the past 24 hours, the top-9 performers are from Letsbonk (including the top 2, $SAVIOUR, and $KNOB). Pumpfun's $MEMELESS is third. But about the last 7 days? It's even worse news for PumpFun. LetsBonk has 8 tokens in the top 10 (including the top 2). PumpFun has 1, and the last belongs to LaunchLab (which interestingly ranks third). The result is clear: LetsBonk is winning big! #5. Fees In the past 24 hours (according to @DefiLlama): • LetsBonk has generated $1M+ in fees • PumpFun - $922k • LaunchLab - $1.1M+ Need I say more? Now here's the thing: PumpFun didn't become the leading memecoin launchpad on Solana by accident. So you can definitely expect a response as they aim to recapture market share. This will, in turn, trigger further responses from other competitors. Things are about to get very, very interesting. Position yourself to capitalize! • Data from @Adam_Tehc's dune dashboard: