aped #wrappedbonk created by @bonk_fun
ca :
9VVKFMJnNNQoT2aP7wWUJpzRqPRqhBDUp7ja5P41bonk
BonkFun has officially flipped Pumpfun as the world's biggest launchpad!
- BonkFun market share: 46%
- Pumpfun market share: 42.9%
this is unprecedented!
Pumpfun, a first-mover launchpad that launched in January 2024, has generated over $800 million in fees in the 1.5 years since launch and had firmly maintained dominance as the industry leader
...until BonkFun came into the picture and flipped it in just over two months!
50% of BonkFun fees go toward buying and burning $BONK tokens, while another 8% is used to purchase BONK for the Strategic BONK Reserves and the BonkRewards program
that’s 58% of BonkFun fees being used to market-buy BONK!
if we use Pumpfun's fee generation over the past 1.5 years as a benchmark, and if BonkFun maintains its lead (which I strongly believe it will!), then we could be looking at hundreds of millions of dollars in annualized buy pressure on BONK from BonkFun alone
BONK is a deca-billion dollar memecoin currently trading at an incredibly ridiculous discount!
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