Pump.fun's Dominance Threatened by Emerging Platforms, Daily "Rug Pull" Token Share Significantly Decreases

BlockBeats News, May 15th, LookIntoChain cited Dune Data as saying that Pump.fun's dominance is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Currently, among the daily "rug pull" tokens in the market, Pump.fun has dropped from over 98% to 57.5%. Letsbonk.fun accounts for 17.9%, Believe for 12.9%, and LaunchLab for 5%.

Recently, the hottest memes (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have all been released on Letsbonk.fun or Believe.

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