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Citizen Daily Brief

Memecoin Launcher Battle Royale ($)

Citizen Brief: gm, pump.fun is seeing new upstart competitors on Solana; can any of them take on the king?
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May 22, 2025 • 5 min read
Memecoin Launcher Battle Royale
Published on May 22, 2025
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NEED TO KNOW
Sui Hit by DEX Exploit
  1. 🥷 Sui's Cetus Decentralized Exchange Hit in $260M Exploit. The apparent exploit cratered the prices of a number of top Sui ecosystem tokens.
  2. 🤠 Texas House Passes Landmark Bitcoin Reserve Bill. The bill awaits the governor's sign-off before enabling the state to include crypto assets in its treasury.
  3. 🌝 SafeMoon CEO Guilty of Fraud, Faces up to 45 Years in Prison. Crypto exec Braden Karony was found guilty on charges related to securities fraud, wire fraud, and money laundering.
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Daily Market Snapshot: Bitcoin held onto its breakout, inching to a new high Thursday, hitting $111,970. Meanwhile ETH continued to battle hard against the $2,700 barrier that it's spent the last two weeks challenging.
Prices as of 6pm ET 24hr 7d
Crypto $3.50T ↗ 2.7% ↗ 6.1%
BTC $111,018 ↗ 2.3% ↗ 7.2%
ETH $2,644 ↗ 5.5% ↗ 3.6%
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CHEAT SHEET
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PLAY OF THE WEEK
Solana Memecoin Launchers Taking Aim at Pump.fun
Bankless Analyst: Jack Inabinet

Solana has long been regarded as ground zero for memecoins, and while many declared its trenches dead earlier this year as trading volumes dwindled, the network’s memecoin scene has experienced a resurgence in recent weeks as pumping token prices recapitalized crypto’s degen class.

With innovative entrants with savvy strategies like Believe.app and boop.fun now competing alongside OG platforms like pump.fun, creators have more options than ever before to launch tokens in seconds.

Today, we’re diving into pump.fun's biggest challengers on Solana. 👇

🌈 Believe.app

Twitter | Website

The hottest up-and-comer on the Solana meme scene, Believe.app is an April 2025 rebrand of Clout focused on disrupting and democratizing venture funding by building a new kind of ecosystem – one where attention becomes capital, and anyone with a good idea can receive instant community funding.

“Scouts” who tokenize promising posts first can earn a 0.1% slice of the trading fees in perpetuity for spotting the signal early. Meanwhile, project creators receive 0.5% of every buy once their coins graduate from the bonding phase, even if they were not responsible for creating the token itself.

To create a token with Believe, one must first tag the Launch Coin account posts in a post on X. Believe’s iOS application provides an easy way to directly reach supporters and early adopters.

🌚 Moonshot

Twitter | Website

One of the oldest token launchpads on Solana, Moonshot is a mobile-first memecoin trading platform that was deployed by the DEX Screener team in June 2024 as its response to the widespread success of pump.fun.

Although Moonshot serves a fairly insignificant share of Solana memecoin traders (less than 1% of daily active users), the launchpad rose to mainstream prominence in early 2025 after it was selected to host the launch of President Donald Trump’s official TRUMP memecoin.

🪂 boop.fun

Twitter | Website

In early May, boop.fun became a viral sensation on Crypto Twitter for its unique airdrop mechanics, which required recipients to launch a “cult” token to claim their airdrop. While boop.fun’s trading volumes and token price have declined significantly since its airdrop was distributed, this launchpad remains notable for its innovative efforts to gain publicity and traction.

🐶 BONK.fun

Twitter | Website

BONK is a dog-centric memecoin community on Solana that rose from the ashes of the FTX collapse in December 2022 that aimed to inject some fun into the ecosystem and support developers via airdrop amid the chaotic aftermath.

In late April 2025, the BONK team deployed BONK.fun – its own token launchpad and direct competitor to pump.fun – to empower users to create their own memecoin communities while supporting the BONK token price with buybacks using a portion of platform fees.

BONK.fun enjoys a direct integration with Raydium, ensuring efficient trading with low slippage and competitive pricing, even for newly launched tokens.

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