Bonk.fun Dominates Memecoin Market Dynamics

Bonk.fun has rapidly established itself as a formidable force within the memecoin sector on the Solana network, outpacing its competitor Pump.fun with an impressive 55.2% share of the market. The platform has successfully generated $540 million through the issuance of 175,000 coins, accumulating approximately $34 million in fees.

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