1/ Launchpads have been a hot topic in recent weeks with many new projects coming to market.
@Pumpdotfun's success and dominance of the category over the past year serves as motivation for other teams to compete for a slice of the pie.
So what's happening with launchpads?🧵 

Twitter

As Bitcoin continues to languish below the $90,000 mark, CryptoQuant analysts are ready to call it: BTC has entered a bear market.

Bitcoin Has Entered a Bear Market, Say Analysts—Here's Why

If you persevere and find your strengths, you will be rewarded.
Article author: 0xJeff
Article source: TechFlow TechFlow
2025 was filled with unprecedented turmoil and change. We welcomed a US president who was reportedly a supporter of cryptocurrencies and artificial intelligence. However, instead of the expected bull market, 2025 became a year of "massacre" for the entire industry.
Most Altcoin experienced a crash of 80%-99% in 2025.
Bitcoin's market capitalization share has returned to 2019-2020 levels (over 6...).

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If I had an online dating profile, it would probably look something like this:
Irish politicians and central bank officials have created euphemisms and abbreviations to describe the act of printing money.
This article will focus on two apt examples:
Quantitative easing (QE)
Reserve Management Purchases (RMP)
The new abbreviation RMP comes from the Federal Reserve's most recent interest rate meeting on December 10th...

Hayes: RMP is essentially QE. What will happen to BTC once the market realizes this?

2/ At the top, Pumpfun dominates the launchpad market with over 200k launched tokens per week and a graduation rate climbing towards 2%.
Token creation has declined 50% since January, but has grown by more than 100% since the summer of 2024. 

3/ @RaydiumProtocol punched back at Pump's native DEX offering with their own native launchpad - LaunchLab.
Activity was minimal up until the recent @bonk_fun variant launched.
LaunchLab enables teams to spin up branded versions of the launchpad product. 

4/ @JupiterExchange owns a stake in @moonshot, which also has its own launchpad.
The platform has seen a few thousand token launches per week since inception, but otherwise, traction has been limited. 

5/ @boopdotfun is a new launchpad which is trying to incentivize adoption via their token airdrop.
Creators with large allocations are required to launch a token and achieve a certain market cap in order to receive their tokens.
Activity has quickly fallen off within a week. 

6/ @base has experienced a similar explosion of launchpad products.
From automated token creation and trading with @clankeronbase to social-focused platforms like @zora, many teams are experimenting.
Outside of Zora, Base launchpads only see 10s-100s of token launches daily. 

7/ Despite these launchpads dominating new token creations, non-launchpad affiliated memecoins dominate the overall meme volumes on Base.
In contrast, Pumpfun typically commands 10% of total Solana meme volume. 

8/ @four_meme_ on BNB-chain has also been able to maintain some traction.
Binance's recent efforts to promote tokens originating from the BNB ecosystem, and @cz_binance's interactions with the community, have likely played a part in this. 

9/ It's becoming clear that launchpads are a core primitive of permissionless markets.
Pumpfun's dominance may be tested as new entrants continue to experiment with tweaks to revenue sharing, bonding curve designs, and other mechanisms.