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Analysis

Solana Memecoin Launchers Taking Aim at Pump.fun

Pump.fun's Solana token-launching dominance is waning as new competitors make a splash.
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May 22, 20253 min read

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 bonding, 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.

🪂 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.

🌚 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.

Moonshot advertises itself as a “fair launch” memecoin minting platform, with no presales, renounced contract ownership, and liquidity that is locked forever. Once a token achieves bonding curve liquidity, its tokens and paired liquidity are migrated onto a DEX of the deployers choosing.

Moonshot is now deployed across Abstract, Base, and Berachain (in addition to Solana).

https://x.com/DegenerateNews/status/1805289736250024044 

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