The automatic robots may be behind most of the symbols that are released on the tools for creating memecoin pump.fun and letsbonk.
“The vast majority of symbols launched on Pumpfun and Letsbonk are managed today by robots,” Coinbase president of Conor Grogan producer to publish To x on Monday.
Share a scheme with data showing that the best accounts on Letsbonk, on average during the last day, launched “one new code every 3 minutes”.
Letsbonk is Solana’s headquarters Distinguished symbol creation The platform that was launched in late April as a competitor to Pump.fun and soon became a common alternative due to the presence of a relevant symbol, Bonk (Bonk), offers rewards – a product Pump.fun has not yet been launched.
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The GROGAN plan explains that the 13th governor launched a total of 4,281 symbols during the past 24 hours.
Data On Dune Analytics shows that Top Top Creator on the platform launched 4,669 symbols.
She launched the second largest symbolic creator with a little less than 2,400 symbols, but it was the best wallet for the past 24 hours, unleashed nearly 500 code in one day.
The number of symbols from these two supreme accounts called “graduation” is only 37, with a “BWAV” wallet that contains 30 gradient icons-more than 25 accounts out of 25 accounts.
The distinguished gradient symbol is when the newly launched Memecoin sees adequate trading volume of “graduation” from a platform like Letsbonk and study in an invisible exchange, and exposes it to a larger audience.
Letsbonk outpaces pump.fun
Letsbonk may overcome pump.fun in revenue And in the number of symbols that are published over the past 24 hours.
Devilia He appears This allows the revenue of $ 1.23 million last day, and nearly a pump pump.
Letsbonk has also overcome Pump.fun over the number of symbols that were published, as the platform witnessed more than 22,000 symbols compared to a little more than 9800 on Pump.fun on Monday, according to Dune. Data.
Memecoin market share continues to decline
However, the total market value of Memecoins continued to decline during the last day as merchants continued to convert the focus away from the very speculative sector.
The market value of Memecoins decreased by 2.6 % to $ 54.7 billion during the last day, According to To Coinmarketcap.
It continues the general decline in the sector since it reached a peak value of $ 127.3 billion in December, or nearly a year after Pump.fun was launched in January 2024. It was at the height of its popularity amid a boom in the broader market at that time.
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