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LetBONK.fun, a memecoin launchpad on the Solana (SOL) network, has surpassed its rival Pump.fun in the overall 24-hour revenue. According to market data from defillama, letsBONK.fun generated $1.04 million in daily revenue, nearly doubling the $533,412 brought in by the long-time incumbent, Pump.fun.

The announcement of an “Official TRUMP Wallet” has created chaos within Trump-linked cryptocurrency businesses as the president’s family quickly distanced themselves from the project. Donald Trump Jr. clarified that the Trump Organization has “zero involvement” with the wallet product announced by Magic Eden and the TRUMP memecoin team.