$letsBONK: A New Memecoin on the Rise
There’s a new contender in the Solana-based memecoin arena — and it’s quickly gaining traction. $letsBONK has made its way to the second spot among the most-watched memecoins, signaling a surge in interest and early hype from the degen community.
Let’s break down the current numbers.
As of today, $letsBONK is sitting at a market cap of just $1.6M, while the 24-hour trading volume reached an impressive $4.5M. That’s a volume-to-market-cap ratio of 277%, which is unusually high and often considered a bullish signal among traders. It means the coin is actively traded and turning over rapidly, even though its valuation is still in the micro-cap range.
What makes this more interesting is the fact that $letsBONK only launched on April 26th. In less than 10 days, it has already attracted 8,467 holders and previously touched a peak market cap of nearly $20M. That’s a 10x swing from today’s level — and enough to catch the attention of savvy speculators looking for the next big thing.
Markets & tokenomics
This Solana-based memecoin is currently primarily traded on Raydium, Solana’s go-to DEX, where most of its liquidity sits. However, centralized exchanges are beginning to take notice. LBank, a mid-tier CEX, has already processed over $1.2M in volume for $letsBONK — a strong early indicator that listings on additional CEXs may soon follow.
If more exchanges step in, it could significantly increase exposure, trading accessibility, and daily volume. As we’ve seen with other low-cap memecoins, a couple of well-timed listings can propel price and awareness rapidly.
The tokenomics also stand out as clean and fully transparent:
Total Supply: 68.99M
Circulating Supply: 68.99M
Max Supply: 69.99M
This means the entire supply is nearly in circulation, and there’s very limited inflation risk ahead. That’s a big green flag in a market where stealth unlocks and massive future emissions often crush early momentum.
So what’s next for $letsBONK?
The key catalyst to watch will be additional exchange listings and whether the community can sustain attention. Right now, the memecoin space is hot, but fragmented — and the spotlight is shifting fast.
For now, $letsBONK has established itself as one to watch. The community is growing, the volume is strong, and the fundamentals — for a meme — are promising. If trading volume holds and new platforms onboard the token, $letsBONK may not stay under the radar for long.
Keep your eyes on it. The degens already are.
