The meme coin market has always been a playground for viral hype and fast money. But in 2025, it’s no longer just about the coins themselves — the real competition is happening at the launchpad level.

From the original giant Pump.fun to fast-rising challengers like LetsBonk, Believe, Boop, and LaunchLab, the battle for market share, creator loyalty, and user trust has never been fiercer. Let’s unpack the latest trends and what they mean for creators, traders, and the future of Web3.

Who’s Winning the Launchpad Race?

Pump.fun

Once the undisputed leader, Pump.fun commanded a massive 98% market share at its peak. However, the landscape has shifted dramatically — it now holds a still-impressive but much slimmer 57.5% as of May 2025.

LetsBonk

Emerging as the strongest contender, LetsBonk has captured 17.9% of the market. Its edge? A robust “token graduation” rate — meaning tokens launched here often move on to major exchanges. Coupled with generous community incentives and a thriving ecosystem, it’s quickly become a go-to platform for serious creators.

Believe

With a 12.9% market share, Believe has carved out a unique niche through its innovative tweet-to-token model. This approach ties social media engagement directly into token creation, opening new avenues for viral growth and utility-based launches.

LaunchLab

Backed by Raydium, LaunchLab controls around 5% of the market. Unlike the meme-heavy vibes of others, LaunchLab caters to serious builders and professional-grade launches — offering strategic support that many other launchpads simply don’t.

Boop

Once seen as a rising star, Boop has struggled in recent months with declining user activity and waning project success. Still, it’s part of a dynamic market that remains in flux.

Emerging Trends and Competitive Edges

User Incentives Are King

Platforms like LetsBonk and Believe are proving that good incentives drive growth. LetsBonk’s $GLONK token has seen a surge in market cap, fueled by strategic investments and a hyper-engaged community. These platforms understand that when creators and early adopters get rewarded, everyone wins.

Token “Graduation” Rates

The real test for any launchpad is whether its tokens make it to broader markets. LetsBonk currently leads here, outpacing LaunchLab and Boop in pushing tokens onto major exchanges — a key metric of legitimacy and project quality.

Social Media and Community Synergy

Believe’s tweet-to-token approach isn’t just a gimmick — it’s driving real traction. By merging social media virality directly with tokenomics, Believe has generated over $7 million in weekly fees. That’s a testament to how community engagement can fuel a launchpad’s growth and resilience.

Ave.ai’s Role: Powering the Next Era

Behind all this innovation lies a critical need for data, transparency, and actionable insights — and that’s where Ave.ai comes in.

Ave.ai, as the most comprehensive Web3 trading platform, has stepped up by integrating the most popular launchpads directly into its web and app ecosystem. This means:

• Real-time on-chain data and smart money tracking
• Direct integrations with top launchpads for seamless discovery
• A mobile app and web experience that puts actionable insights in your hands

Whether you’re a trader hunting for early signals or a creator ready to launch, Ave.ai ensures you’re not just watching from the sidelines — you’re equipped to make the most of these shifting trends.

Implications for Traders and Creators

The intensifying competition between launchpads is reshaping the meme coin landscape:

• For creators: More choices mean you can find the launchpad that best matches your project’s goals — whether it’s community-driven hype or pro-level launch support.
• For traders: The days of one launchpad dominating the market are over. Now, you can compare launchpad features, analyze real-time token data, and track early signals to get ahead of the curve.
• For the ecosystem: This push to innovate and differentiate is driving a gradual shift towards higher-quality meme coin launches. While scams and rug pulls won’t vanish overnight, transparency and better user experience are winning out.

Final Thoughts

As meme coin culture matures, the rise of launchpads like LetsBonk, Believe, LaunchLab, and even the faltering Boop reflects a broader trend: the meme coin space is growing up.

The launchpad wars are about much more than just who can launch the most tokens — it’s about who can build the best tools, foster the strongest communities, and power the next wave of Web3 adoption.

And with Ave.ai weaving all these threads together, the future for meme coin traders and creators looks more competitive — and more exciting — than ever before.