Pump.fun's dominant position is being threatened by emerging platforms, with a significant decrease in the daily "graduation" token share

Lookonchain cited Dune data stating that Pump.fun's dominant position is being challenged by new platforms such as Letsbonk.fun, Believe, and LaunchLab. Currently, in the daily "graduation" tokens on the market, Pump.fun has decreased from 98% to 57.5%. Letsbonk.fun accounts for 17.9%, Believe accounts for 12.9%, and LaunchLab accounts for 5%. Recently, the most popular Meme coins (LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have been released on Letsbonk.fun or Believe.