The rise of a new star in the Solana ecosystem, a collaborative issue coin platform leading the trend

Recently, the landscape of issue coin platforms in the Solana ecosystem has quietly changed. An emerging platform named LetsBONK.fun has rapidly risen to become a favorite among community users. This change reflects a shift in user preferences towards platform models.

From Dominance to Controversy

In the past year, a well-known platform has dominated the Solana ecosystem. With its simple operating process, the platform has attracted a large number of creators and speculators. At its peak, the platform was able to launch tens of thousands of Meme projects daily, yielding considerable profits.

However, over time, the problems of the platform gradually became apparent:

• The platform's revenue reached 700 million dollars, but user returns are meager, with less than 5% of users making over 1000 dollars in profit.
• Lack of continuous support for the project, limited contribution to the ecosystem.
• Announce the issuance of the platform coin, valued at up to 4 billion USD

In short, the platform is highly profitable, but users seem to have become "supporting runners."

The Concept of Co-construction for New Talents

In April of this year, a coin issuance platform led by the Meme coin community, LetsBONK.fun, officially launched. Its performance on the first day was impressive:

• 800,000 people participated, 2,700 coins issued
• The trading volume exceeded 300 million USD in the last 24 hours.
• Currently, over 180,000 coins have been issued, far exceeding similar platforms.

The biggest feature of this new platform is that it returns income to the ecosystem, achieving true "co-construction".

Transparent Income Distribution

Taking the on-chain data from July 7 as an example, the total revenue of the platform is 68,768 SOL, distributed as follows:

• 50% used to repurchase BONK
• 25% allocated to BONK stakers
• 15% for ecological construction
• 10% as a reward for the development team

Substantial Project Support

LetsBONK.fun not only verbally supports projects but also provides substantial financial assistance. Taking $USELESS as an example, the platform directly purchases tokens from the market to establish a project fund and assists in applying for listings on mainstream exchanges. It is reported that this initiative has invested over $600,000, which is pioneering in the Meme space.

Rise of Data Verification Platforms

As of July, LetsBONK.fun has surpassed established platforms in several metrics:

• The token issuance reached 15,600, surpassing the competitor's 11,500.
• Market share of 51%, leading competitors by 39.9%
• Leading comprehensively in terms of the number of popular projects, active users, daily trading volume, and more.

These achievements are not solely reliant on hype, but are the result of a combination of various factors such as community interaction, functional improvement, and narrative innovation.

Reasons Users Favor

The reason why LetsBONK.fun is popular among users is mainly because it conveys the following message:

1. Users are not being cut like leeks, but are ecological co-builders.
2. The project is not a short-term speculative tool, but a long-term development object.
3. Participation is not just a fantasy, but practical action.

This concept has attracted a large number of users, who are not only looking to issue coins but also to find a platform where they can participate and develop deeply for the long term.