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The competitive landscape for memecoin launch platforms in the Solana ecosystem is taking shape. According to the latest market data, PumpFun is leading with an absolute advantage, controlling 61.3% of the market share, making it the undisputed top player.
The second tier is highly competitive—LetsBonkFun holds 19%, and Meteora DBC follows closely with 16.7%. Together, they account for over 30%, gradually eating into the market.
Although Bags and Jup Studio have relatively small shares, at 0.446% and 0.329% respectively, as emerging participants, there is still room for future growth.
From this distribution, the memecoin launchpad sector presents a "one super, many strong" pattern—high concentration at the top, but niche markets still offer competitive opportunities. For investors, understanding each platform's characteristics and user base is more important than simply focusing on share numbers.