{"id":35652,"date":"2025-07-08T08:02:46","date_gmt":"2025-07-08T08:02:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35652"},"modified":"2025-07-08T08:02:46","modified_gmt":"2025-07-08T08:02:46","slug":"bonk-fun-grabs-55-of-solana-token-issuance-share-pushes-bonk-demand","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35652","title":{"rendered":"Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand"},"content":{"rendered":"<div>\n<p>Over the weekend, Bonk.fun overtook Pump.fun, the popular Solana token issuer, to become the leading launchpad in the market, claiming over 55% market share. This milestone is bumping up demand for BONK, the Solana-based token at the center of its ecosystem.<\/p>\n<p>New data show that Bonk.fun has facilitated over $540 million in volume across 175,000 launches, generating approximately $34 million in fees. That gives it a commanding 55.2% share of the meme launchpad market \u2014 ahead of Pump.fun\u2019s 34.9% and $341 million in total volume.<\/p>\n<p>Pump.fun had dominated the sector since its January 2024 debut, accumulating over $800 million in fees within two years.<\/p>\n<p>Bonk.fun has flipped that lead in just two months, driven by deeper token incentives and faster platform traction and a BONK buy-back plan that has caught the eye of some early investors.<\/p>\n<p>&#8220;The massive increase in Bonk.fun market share helps BONK through the aggressive market buy pressure it contributes to the BONK token,&#8221; shared widely-followed crypto investor <a href=\"https:\/\/x.com\/theunipcs\">theunipcs<\/a> in a message to CoinDesk.  <\/p>\n<p>A key difference lies in Bonk.fun\u2019s fee structure. 50% goes to buying then burning BONK, 8% goes to buying BONK for reserves, and the rest the platform keeps as revenue.<\/p>\n<p>&#8220;50% of Bonk.fun fees goes towards buying and burning $BONK, and another 8% goes towards buying BONK for reserves. When you consider that Bonk.fun has generated over $1 million\/day daily since it flipped Pump.fun, that&#8217;s at least $500,000\/day in revenue-driven BONK buy and burn,&#8221; the trader added.<\/p>\n<p>The biggest Bonk.fun-issued token is USELESS, an intrinsically useless token that jibes at its own lack of utility that has built a cult following in past week, helping propel it to over $100 million in market capitalization just weeks after going live.<\/p>\n<p>If Bonk.fun continues to dominate at current pace, annualized BONK purchases could reach into the hundreds of millions, further tightening supply.<\/p>\n<p>Meanwhile, other Solana-based launchpads, such as Believe (3.8% market share), Jup Studio (2.1%), and Moonshot (1.7%), remain far behind in both volume and engagement.<\/p>\n<p><strong><em>Read more:<a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/03\/pumpfun-aiming-to-raise-1b-via-token-sale-at-4b-valuation-blockworks\"> Pump.fun Aiming to Raise $1B Via Token Sale at $4B Valuation: Blockworks<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over the weekend, Bonk.fun overtook Pump.fun, the popular Solana token issuer, to become the leading launchpad in the market, claiming over 55% market share. This milestone is bumping up demand for BONK, the Solana-based token at the center of its ecosystem. New data show that Bonk.fun has facilitated over $540 million in volume across 175,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35652","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35652"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35652\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}