BlockBeats news, on July 7, according to The Block, the meme launch platform Letsbonk under BONK saw its token issuance volume, graduation token count, and trading volume exceed Pump.fun in the past 24 hours, marking the first time since Pump.fun launched on the Solana chain in January 2024 that it has lost its dominant position.

According to Dune data, LetsBONK had a token issuance volume of about 15,600 tokens in the past 24 hours, while Pump.fun had about 11,500 tokens. LetsBONK graduated 135 tokens, while Pump.fun graduated 103 tokens. Data from Jupiter shows that on Sunday afternoon, LetsBONK's market share was 49.80%, while Pump.fun's was 40.90%.