In the early morning of April 26th, VeteranAnceUp Solana Meme coin BONK announced the launch of its own LaunchPad - LetsBonk.fun, with the market responding enthusiastically, shouting "LetsBONK!" Within just 24 hours, it created 800,000 visitors, 300 million in trading volume, and 2,700 tokens were created, with 70 successfully launched. The eponymous token Let's BONK even skyrocketed to a $30 million market cap within 6 hours.
With so many projects launching LaunchPads, why does BONK have such immenergy? After the initial excitement, will A fleeting moment or truly rise?
... [rest of the text translated similarly, maintaining the specified translations like Solana, MEME, etc.] Would you like me to continue with the full translation?Two months later, they were well-prepared. First, they sent out cook.meme to probe the market. After "cooking" two meme coins with market values of tens of millions of dollars, "Time" and "Symmetra" lost subsequent market momentum and settled for a while. They then reignited the market through LetsBONK. Coincidentally, the first image on cook.meme's promotional poster was BONK's avatar.
Promotional poster for cook.meme
Currently, Raydium's LaunchLab has integrated 6 platforms and launched trading reward tasks, encouraging users to trade directly on Raydium. LaunchLab has shown initial effectiveness in trading volume, but its subsequent development still needs continuous tracking and observation.
The LaunchPad and DEX markets have now formed a multi-party confrontation, with everyone wanting to grab this tempting cake. Raydium seems to have planned to counter Pumpfun's "single-brand" monopoly model with a "multi-brand" wheel strategy. The outcome remains unknown, but we hope more retail investors can benefit from this battle and bring liquidity back to the market. However, under the current market conditions, "cash is king". We hope all readers will also manage their funds well while seeking opportunities in the market.
