Token launches are evolving and Galxe Earndrop is powering the shiftIn @cryptonews, Galxe Co-founder @charleswayn shares why crypto must move beyond hype and focus on long-term value. https://t.co/a4gefjTt8I ...

Token Launch Mechanism - Binance to introduce Pump fun-style bonding mechanism for token launches [1] Industry Trend - The industry is exploring new token launch mechanisms [1]

Market Share & Competition - PumpFun's dominance in the meme launchpad market is threatened by competitors like LaunchLab, LetsBonk, and JUP Studio [1] - LetsBonk has captured approximately 25% of the total meme market share, reducing PumpFun's dominance to below 60% [2] - LetsBonk has surpassed PumpFun in daily token launches, token graduations, and volume, becoming the first Solana launchpad to achieve this [2] Token Launches & Graduation - LetsBonk has captured over 58% of the total market share for daily tokens deployed [4] - LetsBonk's token graduation rate is 106%, almost 100% higher than PumpFun's 057% [4] - In the past 24 hours, LetsBonk recorded 18620 token launches, while PumpFun recorded 9600 [5] Active Addresses & Token Performance - PumpFun still has the highest number of daily active addresses, with over 117 thousand, compared to LetsBonk's 45 thousand and LaunchLab's 40 thousand [7] - The top-9 performing tokens in the past 24 hours are from LetsBonk, with PumpFun's $MEMELESS ranking third [7] - Over the last 7 days, LetsBonk has 8 tokens in the top 10, while PumpFun has 1, and LaunchLab has 1 [8] Fees Generated - LetsBonk has generated over $1 million in fees [9] - PumpFun has generated $922 thousand in fees [9] - LaunchLab has generated $11 million in fees [9]