MEME Token launch pattern has undergone a huge change, with new platforms surpassing multiple metrics of the old leader.

robot
Abstract generation in progress

The landscape of MEME Token launch platforms is changing, with new platforms surpassing established leaders in multiple metrics.

In the MEME token launch sector, an intense competition is underway. After months of competition and iteration, emerging platforms have surpassed the established leaders in several key metrics, becoming the new hub of token issuance traffic.

New platform metrics surpass those of established platforms for the first time

According to the latest statistics from the data platform, the market share of the emerging platform has reached 54.5% in the past 24 hours, surpassing the long-standing leader platform (35.5%) for the first time, and exceeding dozens of similar Launchpad platforms.

In terms of trading volume, the total transaction volume of emerging platforms reached $570 million in the past 24 hours, while the trading volume of established platforms was $370 million. This gap indicates a significant shift in the flow of funds, suggesting that user activity and on-chain capital efficiency are increasingly favoring new platforms, with their capital-absorbing effect gradually amplifying.

The main battlefield for on-chain minting is also shifting towards new platforms. According to on-chain data, on July 6 alone, the number of tokens issued on new platforms reached 16,797, while the established platforms issued only 7,537 during the same period, a difference of more than double. Furthermore, among the top 25 tokens launched in market value over the past 24 hours, only 6 came from established platforms, while the remaining 19 were launched by new platforms, further confirming their strong appeal to hot funds and community traffic.

What’s even more noteworthy 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%) and far exceeds that of other competitors at 0.4%. 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 old platform still maintains an advantage in the number of active addresses. Data shows that the number of active addresses on the old platform was over 94,000 on July 6, significantly higher than the new platform (about 38,000) and other competitors (about 31,000). This also indicates that the old platform still maintains a large user base and platform stickiness at this stage.

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

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

Letsbonk rises to become a top leader in the MEME launch platform, surpassing several 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

Funding, Consensus and Ecological Resonance, New Platform Becomes the On-chain Focus

Today, the token launch platforms have shown a flourishing competitive landscape, with more and more Launchpads joining this battle for narrative and consensus. However, these platforms are still in the early exploration stage and have yet to form a sustainable funding closed loop and community consensus.

The reason why the new platform has become a focal point on the chain is not just a simple traffic game, but a multidimensional game centered around Token value, community recognition, platform transparency, and ecological innovation.

One of the core drivers behind the successful rise of the new platform is the star MEME coin within its ecosystem. According to data, as of July 7, the market capitalization of the relevant ecosystem exceeded $500 million, with the leader token accounting for more than half of the share, and its token market value peaked at $320 million. In the past month, the highest increase of this token exceeded 38.2 times, and this astonishing return rate has greatly stimulated the enthusiasm of market funds and user participation. 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 identity and trust. More importantly, data shows that the number of holding addresses of this token has shown a steady upward trend in the past month, rising in sync with its market value. This dual-driven momentum of funds and community foundation further strengthens the new platform's potential for explosive growth and market attention in the short term.

Letsbonk makes a comeback to become the top leader in 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. The founder has a strong personal influence and is an important member of a well-known MEME coin, receiving support from multiple key ecological forces. The founder continues to interact frequently on social media and in the community, actively responding to user feedback, sharing platform progress, and publicly using personal wallets to purchase MEME coins on the platform, further enhancing the community's sense of identity and enthusiasm for participation. Meanwhile, a crypto KOL, as an early promoter of a certain MEME coin and one of the largest holders of the new platform's Token, injects strong trust endorsement into the platform. This KOL invested approximately $360,000 in May this year to acquire the new platform's Token, and currently, the single coin has appreciated over $7.2 million without being sold. Additionally, recently, he exchanged part of the MEME coins obtained into $223,000 worth of the new platform's Token, and this diamond hands spirit greatly enhances the market's confidence in the platform.

Letsbonk逆袭成MEME发射平台顶流,多项关键指标首次超越Pump.fun

Moreover, compared to similar projects, the new platform has demonstrated clear 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, GP reserves, ecological development, and platform operations. This mechanism not only creates a virtuous funding cycle but also discloses key operational data to the community in real-time through a public dashboard, such as revenue distribution, token issuance, and website traffic, greatly enhancing community engagement and trust. According to data from the official website, 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, approximately 10,000 SOL for validator staking, and over 52 million SOL as GP reserves. In contrast, the established platform has faced community skepticism due to its inability to effectively reinvest in the community despite high revenues, encountering accusations of "greed" and "lack of transparency."

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

Beyond 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 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, significantly stimulating innovation vitality and community participation within the ecosystem; recently, a month-long hackathon competition was launched, with a total prize pool of $200,000.

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

Overall, in this intense on-chain battle, the new platform has successfully executed a remarkable comeback. However, the established platforms still have a large active user base, and as more Launchpads join in the future, the competition will become increasingly fierce, and the landscape of the MEME ecosystem will become more diverse and complex.

MEME4.76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
APY追逐者vip
· 3h ago
Chasing new things is more reliable than sticking to the old ones.
View OriginalReply0
DAOdreamervip
· 3h ago
The inevitable trend of new and old alternation
View OriginalReply0
DAOdreamervip
· 3h ago
The platform reshuffle has begun.
View OriginalReply0
ThreeHornBlastsvip
· 3h ago
The new platform will inevitably overtake.
View OriginalReply0
FloorSweepervip
· 3h ago
New players have significant power
View OriginalReply0
GateUser-26d7f434vip
· 3h ago
Innovation and iteration are the true paths to success.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)