New MEME Token launches occupy half of the market, shaking the position of established platforms.

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The landscape of the MEME Token launch platform is changing, with new stars rising to challenge the old leaders.

After just a few months of intense competition and ongoing optimization, an emerging MEME token launch platform has surpassed the long-dominant established platforms in several key metrics, becoming the new generation of coin traffic center.

Multiple key data points surpass, new platform emerges as a leader

According to the latest data, this emerging platform has reached a market share of 54.5% in the past 24 hours, surpassing the established platform's 35.5% for the first time and surpassing dozens of similar platforms.

In terms of trading volume, the new platform's total transaction volume in the past 24 hours reached $570 million, while the old platform was $370 million. This gap shows a significant shift in the flow of funds, indicating that user activity and on-chain capital efficiency are leaning towards the new platform, and its capital-absorbing effect is gradually amplifying.

The main battlefield for on-chain coin creation is also shifting towards new platforms. On July 6 alone, the number of Token issuances on new platforms reached 16,797, while the old platforms only had 7,537 during the same period, a difference of more than double. Among the top 25 Tokens launched in the past 24 hours by market capitalization, only 6 came from old platforms, while the remaining 19 were launched by new platforms, further confirming their strong appeal to hot funds and community traffic.

What is more worthy of attention is that the new platform's Token "Graduation Rate" reaches 75.1%, which is more than three times that of the established platform (24.5%), far exceeding other competitors. This indicator shows that the new platform not only attracts a large number of users to issue coins but is also building its own core ecological stickiness.

Despite being completely surpassed in market share and trading activity, the established platform still maintains an advantage in the number of active addresses. Data shows that on July 6, the number of active addresses on the established platform exceeded 94,000, significantly higher than the new platform (about 38,000) and other competitors. This also indicates that at this stage, the established platform still maintains a large user base and platform stickiness.

Letsbonk rises to become a top MEME launching platform, surpassing multiple key metrics for the first time compared to Pump.fun

Letsbonk rises to become the top leader of the MEME launch platform, surpassing multiple key indicators of Pump.fun for the first time

Letsbonk has risen to become a top leader in the MEME launching platform, surpassing multiple key indicators for the first time compared to Pump.fun

Letsbonk rises to become a top leader in the MEME launching platform, surpassing multiple key indicators for the first time compared to Pump.fun

Capital, Consensus, and Ecological Resonance, New Platform Becomes On-Chain Focus

Today, the Token launch platform has presented a diverse competitive landscape, with more and more platforms joining this battle for narrative and consensus. However, most are still in the early exploration stage and have yet to form a sustainable attractive funding loop and community consensus.

The reason the new platform has become the on-chain focus is not just a simple game of traffic, but a multi-dimensional game surrounding Token value, community recognition, platform transparency, and ecological innovation.

One of the core drivers of the successful rise of the new platform is the star MEME coin within the ecosystem. Data shows that as of July 7, the ecosystem's market value exceeded $500 million, with the leader Token accounting for more than half of the share, reaching a peak market value of $320 million. In the past month, the Token's maximum increase exceeded 38.2 times, and this astonishing return rate greatly stimulated market funds and user participation enthusiasm. Moreover, in terms of the number of holding addresses, there are currently over 20,000, with an average holding amount of about $13,000, reflecting a strong sense of community recognition and trust. More importantly, in the past month, the number of holding addresses for this Token has shown a steady upward trend, rising in sync with the market value. This dual drive of funding and community foundation further strengthens the new platform's explosive potential and market attention in the short term.

Letsbonk rises to become the leader of the MEME launch platform, surpassing multiple key indicators for the first time compared to Pump.fun

The community activity and appeal of the new platform cannot be ignored either. The founder has a strong personal influence, being one of the key members of a well-known MEME coin, and has received support from several important ecological forces. The founder continues to interact frequently on social media and within the community, actively responding to user feedback, sharing platform progress, and has publicly used a personal wallet to purchase MEME coins on the platform, further enhancing the community's sense of identity and participation enthusiasm. Meanwhile, a crypto KOL, as one of the early promoters of a certain MEME coin and the largest holder of the new platform's Token, injects strong trust backing into the platform. This KOL invested approximately $360,000 in Tokens in May this year, and currently, the single Token has appreciated over $7.2 million, with no sales yet, and recently converted part of the MEME coins obtained into $223,000 worth of platform Tokens, demonstrating a diamond hand spirit that greatly boosts market confidence in the platform.

Letsbonk makes a comeback as a leading MEME launch platform, surpassing multiple key indicators for the first time over Pump.fun

Furthermore, compared to similar projects, the new platform exhibits significant advantages in fee distribution and operational transparency. The platform charges a 1% fee on each transaction and clearly allocates the revenue to Token buybacks and burns, validator staking, reserves, ecological development, and platform operations. This mechanism not only creates a positive funding cycle but also reveals key operational data to the community in real-time through a public dashboard, such as revenue distribution, Token issuance, and website traffic, greatly enhancing the sense of participation and trust within the community. According to official data, as of now, the new platform has generated a total of 68,000 SOL in revenue, of which over 34,000 SOL has been used for Token buybacks and burns, about 10,000 SOL for validator staking, and over 52 million SOL as reserves. In contrast, the old platform has faced community skepticism over "greed" and "lack of transparency" due to its high revenues failing to effectively benefit the community.

Letsbonk rises to become the top leader of the MEME launch platform, surpassing several key metrics of Pump.fun for the first time

Outside of the mechanism, the new platform further consolidates its ecological vitality through a series of positive incentive measures. For example, the platform has launched a $10,000 incentive program in collaboration with ecological partners to encourage innovative projects and outstanding developers to settle in; at the same time, the platform offers a reward of 15,000 USDC for excellent projects, greatly stimulating innovative vitality and community participation within the ecosystem; recently, a month-long hackathon competition was also launched, with a total prize pool of $200,000.

Letsbonk rises to become the leader of the MEME launch platform, surpassing multiple key indicators for the first time compared to Pump.fun

Overall, in this fierce on-chain battle, the new platform has successfully staged a comeback. However, the established platform still has a large active user base, and as more platforms join in the future, the competition will become increasingly fierce, making the MEME ecosystem's landscape more diverse and complex.

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Lionish_Lionvip
· 12h ago
FOLLOW ME to decode market language. I translate complex price action into simple, executable setups. 🔍➡️🎯
Reply0
TradFiRefugeevip
· 12h ago
I've been fed up with the old platform for a long time. It's time for it to be eliminated.
View OriginalReply0
GasFeeLovervip
· 12h ago
The new platform has taken a lot of market share.
View OriginalReply0
ForkItAllDayvip
· 12h ago
The old platform should wake up.
View OriginalReply0
WalletDetectivevip
· 12h ago
The old thing is not working anymore.
View OriginalReply0
MainnetDelayedAgainvip
· 12h ago
According to database statistics, the 138th meme platform has also announced its launch.
View OriginalReply0
ZenMinervip
· 12h ago
A warrior won't back down and will fight back.
View OriginalReply0
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