Memecoin market cap grows 29% in July

INSUBCONTINENT EXCLUSIVE:
The memecoin sector has added almost $17 billion in token valuations since the start of July, surging to $72 billion as of Thursday, up 29%
capitalization and volume
24-hour volume, shaking up the launchpad rankings on the network
Source: DefiLlamaData from decentralized exchange (DEX) aggregator Jupiter shows that in the last 24 hours, LetsBonk had a market share of
51.9%, while Pump.fun had 39.5%
Pump.fun remains dominant in other aspects
Jupiter data also shows that in terms of 24-hour traders, Pump.fun remains dominant
The platform recorded 413,000 traders, while LetsBonk had 275,000
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