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Details: https://www.gate.com/announcements/article/47889
The meme coin launch space continues to show concentration trends. Recent data reveals that Pumpfun commands a substantial 54% share of new token volume, establishing itself as the dominant platform in this segment. Following closely behind, Bags launchpad captures 28.6% of market activity. This market structure reflects growing preference among projects choosing between major launchers, with the top two platforms controlling over 80% of new volume in the category. The competitive landscape remains dynamic as both platforms vie for launcher preference and trading volume in the rapidly evolving token deployment ecosystem.