Solana Meme Distribution Platform BAGS Surpasses Letsbonk in Revenue in 7 Days, Its Founder Previously Sold the Original Dogwifhat Hat

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On August 11, according to defillama data, the Solana MEME issuance platform BAGS has generated over $3.95 million in revenue in the past 7 days, surpassing Letsbonk. Letsbonk's 7-day revenue is $2.16 million, while Pump.fun's 7-day revenue is $8.58 million.

Additionally, according to Jupiter's data panel, in the Solana token issuance platform market share ranking over the past 24 hours, pump.fun ranks first with 67.9%, Letsbonk ranks second with 19.1%, and BAGS ranks third with 11.6%.

On August 8, BAGS founder Finn spent 6.8 BTC (approximately $800,000) at auction to acquire the original hat of the Dogwifhat (dog with hat) meme.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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