BONK Launchpad is having its moment. It’s become the go-to spot for top deployers migrating from Pump.fun, pushing out 300+ new tokens per day. That’s not just momentum—it’s dominance. BONK is now outpacing Pump.fun in both daily launches and token “graduations” (when a token hits enough liquidity and trading activity to get listed on big Solana DEXs like Raydium).

By the numbers, BONK is crushing it: it accounts for 58.5% of all token launches and an even more impressive 75% of all graduations. It just broke into the top 3 for memecoin social dominance—for the first time ever. The BONK crowd is loud, proud, and absolutely riding this wave.

But there’s a plot twist brewing...

Rumors are flying about a major comeback move from Pump.fun: a native token drop that could steal the spotlight back. Details are scarce, but a now-deleted pre-sale banner on Gate.io has only stoked the fire.

If the leak holds water, here’s what’s coming:

Token: $PUMP

Total Supply: 1 trillion

Pre-sale: 150 billion tokens at $0.004

Raise Target: $600 million

FDV: $4 billion

That $4B valuation looks like a bargain next to Messari’s $7B fair value estimate for Pump.fun. Then again, with 100% of tokens unlocking at launch, selling pressure could hit hard if the hype isn’t rock solid.

Sources on X point to a potential launch window between July 12–15, with the pre-sale possibly kicking off this Saturday. So yeah, it’s getting real.

What This Means for Solana...

A token drop of this scale isn’t just big news for Pump.fun—it could ripple across the entire Solana ecosystem.

Traders might dump other assets to ape into $PUMP,  Liquidity Drain: SOL could get sucked into $PUMP liquidity pools, starving smaller tokens, or it could trigger a hype squeeze where $PUMP hype might drown out new launches... which actually isn't good when you're a launchpad. 

With SOL already testing key support levels, any of those effects could create short-term turbulence. Weaker tokens could take the biggest hit, and fresh launches might get overshadowed entirely.

The Good News...

These storms usually pass quick. Solana’s still one of the most resilient ecosystems in crypto. Once the $PUMP hype cycle runs its course, we’ll likely see attention rebalance across the memecoin landscape.

Just be careful—this kind of buzz is prime time for scams. Fake $PUMP tokens will almost definitely flood in. As always, DYOR and stick to verified channels.

This isn’t just another token launch—it’s shaping up to be a full-on memecoin moment for Solana. Will $PUMP deliver the spark to reclaim the throne? Or is BONK just getting started?

Let’s see who really runs the playground.

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Author: Oliver Redding
Seattle Newsdesk  / Breaking Crypto News