Pump.fun Dominates Solana Meme Coin Issuance Platforms with 79.4% Market Share, Securing an Overwhelming 1st Place
Suehyeon Lee
Summary
- Pump.fun has announced that it recorded the top position in the Solana meme coin issuance platform market with a 79.4% market share.
- It was recently overtaken by LetsBONK, but has since regained its share, attracting investor attention.
- The respective market shares for the second-place LetsBONK and third-place Bags were 12.9% and 3.08%.
Pump.fun has claimed an overwhelming top spot in the Solana (SOL) meme coin issuance platform market.
According to Jupiter data on the 18th (local time), in the past 24 hours, Pump.fun secured the number one position with a 79.4% share of the Solana-based meme coin issuance platform market.
Although it was once pushed down to second place due to the popularity of LetsBONK, it has now recovered its market share. LetsBONK holds second place with 12.9%, while Bags (BAGS) lags behind in third place with just 3.08%.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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