Solana’s memecoin launchpad, LetsBonk, has overtaken its competitor Pump.fun in terms of 24-hour revenue, as reported by DefiLlama. LetsBonk generated $1.04 million in revenue, nearly doubling Pump.fun’s earnings of $533,412, signaling a significant shift in the Solana memecoin landscape. Both platforms facilitate the creation and trading of memecoins, but LetsBonk is gaining momentum thanks to support from the community behind the BONK memecoin. While LetsBonk’s revenues have surged recently, Pump.fun continues to lead in the longer-term revenue perspective, with over $37 million reported in the last month compared to LetsBonk’s $4.5 million. LetsBonk was launched on April 25, and its team emphasizes long-term dedication to the Solana ecosystem, promising initiatives geared towards community growth and advanced features. Following the launch of LetsBonk, the price of BONK increased by 52%, indicating renewed interest from investors and traders alike.

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