BONK Falls, Pump.fun Reclaims Throne – Can BONK_FUN Fight Back?

by

Key Takeaways

BONK’s reign crumbles as Pump.fun takes back control. Will BONK_fun’s “Points Tab” magic trick restore its fortune?

After a grandiose 80% surge in July, BONK’s hype is now slowly deflating like a balloon in a sauna. 

The once-mighty memecoin has dipped 13% this month, losing its $2 trillion market cap faster than a child loses interest in broccoli. In July, it briefly touched $0.000040 before tumbling back to its Q1 levels. The RSI reached its peak, signaling a classic “oops” moment-time for a reset!

But hold your horses! At the thrilling price of $0.000020, BONK has shed a whopping 50% of its value in under a month. Let’s just say it’s been a rocky ride-fourth lower lows and absolutely no signs of a meaningful recovery. Looks like the reset theory was just a clever dream.

Let’s break it down: BONK’s monthly dip doesn’t scream “buy the dip” anymore. It’s more like a sad tale of vanishing investor confidence. Meanwhile, Dogecoin [DOGE], the big daddy of memecoins, managed to rise by a humble 4%-talk about showing BONK how it’s done!

So what does this mean? Simple. The market isn’t just having a technical hiccup. No, it’s a full-on shift in sentiment. The FOMO is fading, and traders are now happily cashing out while the bulls are snoozing. 💸

But what exactly is driving this sudden change? According to AMBCrypto, the devs seem to have noticed the panic and are scrambling to fix the liquidity issues before it turns into a full-blown disaster.

BONK Slides as Pump.fun Reclaims Dominance

After a glorious year of BONK_fun ruling the roost, Pump.fun has woken up from its slumber and is determined to claw back control.

On August 6, Pump.fun led the 24-hour trading volume race with a hefty $100.7 million, leaving BONK_fun trailing behind at $70.6 million. In fact, Pump.fun launched 16,000 tokens on the same day, surpassing BONK_fun’s measly 11,400.

And to make things even juicier, a $33 million PUMP buyback triggered a spicy 20% token pop. The result? Pump.fun now reigns supreme, dominating a massive 90% of Solana’s memecoin launchpad volume. Meanwhile, BONK_fun slipped all the way down to a pathetic fourth place with a paltry 0.74% market share.

Traders are flocking back to Pump.fun for token drops, while BONK_fun’s streak of dominance has vanished quicker than your weekend plans. That streak had once fueled BONK’s impressive 80% rise to $0.000040 in July, but alas, all good things come to an end.

Now, in a desperate move, Bonk_fun is rolling out a “Points Tab” to boost engagement and claw back some volume, offering sweet rewards for token drops. 🏆

Clearly, Bonk_fun is not going down without a fight, but let’s not kid ourselves. Pump.fun still has the liquidity to hold the fort. While BONK’s Points Tab might be a clever little trick, it hasn’t yet managed to shift the market structure in its favor. Yet, who knows? Maybe the tides will turn… or not. 🤷‍♀️

Read More

2025-08-20 10:19