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Title: BONK falls, Pump.fun holds fort – Can Bonk_fun claw back control?
Bonk (BONK) has been having a tough time lately. The meme token’s price has taken a significant hit as it lost its dominance over the Solana launchpad volume charts. According to recent data, Bonk_fun is now struggling to regain its footing after falling prey to rival Pump.fun.
At this point in time, there is no denying that the situation looks bleak for BONK. With Pump.fun holding the reins and dominating a whopping 90% of the Solana memecoin launchpad volume, it seems unlikely that Bonk_fun will be able to claw back control anytime soon.
Despite the dismal outlook, some analysts believe that things are not entirely lost for Bonk_fun just yet. The platform has reportedly announced plans to roll out a Points Tab strategy in an attempt to boost trader engagement and reclaim its volume share.
Source: ambcrypto.com
