Boop.Fun was all the anger last week, attempting to take the pump.fun crown as the next Big Solana Meme Launchpad. Within days, the creation of tokens slowed down, despite heavy progress.
Boop.Fun launched with flying colors and big promise as the second meme launchpad in Solana. The platform offered additional perks missing on pump.fun, such as revenue sharing.
On the first day after its launch, Boop.Fun created 10,877 tokens, of which 154 graduated from Dex. This level of activity resembles a pump.fun on one of its weaker days, but has been the best day for Boop.fun to this day. Shortly after the launch, the day -to -day creation of the token sank 90%, with a lower number 1,072 tokens on May 4.
The platform was extremely promoted by crypto influencers and gained exposure to the early days after its launch. So far, Boop.fun has contacted nearly 85,000 unique wallets. Between May 106, the platform has a total of 22,643 tokens, less than a day worth launching the pump.fun.
The platform is still in its early stages, and this is the first rival of pump.fun to launch in Solana. Other contenders such as Tron's Sunpump and Four.Meme on the BNB chain also have only one part of pump.fun traffic. Boop.Fun is still trying to attract users to its trenches, this time with the promise of sharing fees with the token creators.
The platform also attracts major leaders of opinion (KOL) as the main source of token creation.
The big difference in pump.fun is that any boop holder can stake the token and get a portion of the platform fees. At the same time, KOLS and Crypto celebrities will only get more boop if they launch a meme token and promote it.
It created a new category, in which the KOL uses their brand to launch a new meme token. The success of those possessions has not yet been proven and see if celebrities in Crypto in X can replace some of the traffic from the pump.fun.
Binance's Changpeng 'CZ' Zhao Dampens Enthusiasm for Boop.Fun
One of the main sources of attention for boop.fun is the addition of Binance Alpha, the regular list of curated tokens. Following the exposure, the boop raw near $ 0.40. The token is still in its early stages and is excessively changing due to low volume.
The asset still relies on Dex trading, including Pancakeswap and Orca.
However, attention from the Binance ecosystem is not completely positive. Binance founder Changpeng 'CZ' Zhao Commented Information that the project founder played a role in the Binance Exchange.
The founder of Boop.Fun, known as Dingaling in X, participated in the creation of pancakeswap, although reported, he has not yet been held by an executive position in the company.
Further exposure from 'CZ' Zhao did not help Boop.fun in its initial running. The coming days will show if the kols will work properly as well as token creators and replace 'trenches' with pump.fun.
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