LetsBONK Pledges 1% of Revenue to Weekly Buybacks of Top Memecoins in BONK Ecosystem

LetsBONK, a Solana-based launchpad for memecoins, announced a new initiative to support its ecosystem by committing 1% of its total revenue to weekly buybacks of top-performing tokens within the BONK ecosystem. The move aims to inject consistent buying pressure and further incentivize growth across its platform.

The team shared the update on X (formerly Twitter), noting that the funds will come directly from LetsBONK’s marketing budget. In the past 24 hours alone, the platform has generated approximately $1.5 million in fees, according to a Dune dashboard created by crypto analyst Adam_Tehc. Based on that volume, the buyback allocation would represent $15,000 in purchasing power for key tokens.

Buybacks will be conducted weekly, and any token pair that performs well within the BONK ecosystem could be included.

“Any pair that reaches the high levels can be included,” LetsBONK founder Tom said in a post. “More to come.”

Currently, the LetsBONK ecosystem has surpassed $1 billion in total market capitalization. Among its most successful tokens is Useless Coin, which holds a market cap of around $312 million, followed by ANI, a token representing xAI’s Grok AI Companion project.

The buyback initiative appears designed to both reward strong-performing tokens and enhance the perceived long-term sustainability of memecoins launched on the platform. By reducing marketing spend in favor of direct token support, LetsBONK may also be signaling confidence in the network effect of its community and products.

The move comes as competition intensifies among memecoin launchpads. Rival platform Pump recently introduced its own revenue-sharing model tied to the PUMP token, along with a “community takeover” mechanism that allows users to revive inactive or abandoned projects—adding a governance twist to the memecoin narrative.