Pump.fun's token saw a significant increase as the platform regained its position as the leading meme coin launchpad on Solana, pulling back market share from its competitor, LetsBonk. The token rose approximately 20% to around $0.0036, though it remains 46% below its all-time high. After a challenging month, Pump.fun has successfully re-established its dominance, facilitating 67% of meme coin launches on a recent day. This resurgence comes after the introduction of the Glass Full Foundation, aimed at supporting meme coins with liquidity. With daily revenue climbing back to over $1 million, the competitive landscape for meme coins is intensifying, with investors also showing interest in another token associated with a platform that incentivizes meme coin creation.

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