The capitalization of the same same leaps by 32 % with Bonk at the top of the profits

The memecoins market has experienced rapid growth in the last 30 days, with new data showing a sharp increase both of the value and trading activity. During this period, total market capitalization increased by more than 32 %, including a leap by 22 % in the last 7 days. These figures, taken from CoinmarketCap, show how powerful the momentum has become.

The memecoins market flies in July

The memecoins market has experienced major growth in recent weeks. Since the beginning of July, its total value has jumped from $ 51 billion to $ 73 billion in mid-house. This increase is a renewed interest in investors and traders for these tokens driven by the Internet. Over the past 30 days, the exchange volume has also exploded, increasing by more than 170 %, according to market data.

This momentum culminated on July 17, when the exchange volume exceeded $ 18 billion in a single day. A few days earlier, on July 11, the trading activity was also strong, reaching $ 17.09 billion. These successive peaks suggest a strong and constant demand, with several billion capital circulating in the market of the same.

Even key and their performance

The same leaders like Dogecoin, Shiba Inu and Pepe remain major players. During the last week, each of these tokens has progressed. Dogecoin recorded an increase of 19 %, Shiba Inu earned 15 %, while Pepe posted a stronger weekly yield, rising 24 %.

However, these flagship names were not the best performing of the week. Other pieces have largely exceeded them. Bonk won 70 %in seven days, Floki climbed 41 %, and Pengu increased by 22 %.

At the origin of the climb of Bonk is LetsBonk. Based on Solana, the platform helps users launch their own same. The link with Bonk has allowed the Token to climb quickly, with an interest in investors that increases accelerated in recent days.

As of July 7, LetsBonk exceeded Pump.Fun in terms of daily transaction volume. The revenues of the platform also progressed. During the last week, LetsBonk generated more than $ 8 million, while in the last 24 hours, the platform has won more than a million dollars.

Pump.fun, during the same period, recorded an income of more than $ 4 million over seven days and $ 846,733 during the last day.

The Crypto Crypto Dios content creator noted that Bonk's performance looks like his breakthrough from the beginning of 2024. At that time, the Token followed a similar trend before climbing 250 %. He thinks that Bonk is building his momentum again and could prepare for another high climb.

LetsBonk takes the lead, but Pump.fun remains solid

The battle between LetsBonk and Pump.fun intensifies, each platform displaying a force in different fields. Daily volumes to user activity, the figures reveal a fierce rivalry in the launch space of the same.

Here is what the figures say yet:

• LetsBonk now dominates the launchpads market share with 54.8 %, while Pump.fun follows 38 %.
• In the past 24 hours, LetsBonk has treated a volume of $ 906 million, surpassing the $ 628 million in Pump. Fun over the same period.
• Pump.fun generated $ 29 million over 30 daysnow solid gains despite a slight loss of land.
• User activity is the strongest on Pump.fun, who saw 413,000 traders in 24 hours, ahead of the 275,000 in LetsBonk.
• Liquidity remains the asset of Pump.fun, with $ 512 million in funds, while LetsBonk accuses a significant delay with only $ 53 million.

With these two platforms that are actively competing, competition could lead to better options for users. No more trading choices, faster launches and increased liquidity are all possible results. This could in turn continue to attract new capital to the same.