What is BoopFun: Exploring the New Rival to PumpFun on Solana

Written By:
Sourabh Parihar

Reviewed By:
Gopal Solanky

What Is Boopfun Exploring The New Rival To Pumpfun On Solana

The memecoin market is becoming popular in the crypto ecosystem which has created a demand for a more advanced platform that balances accessibility and innovation. Users are seeking a memecoin launch platform that provides a transparent and engaging launch experience. 

One such platform which is gaining momentum, is Boop.fun, which is called as the rival of Pump.fun. It provides a user-friendly interface with community-based mechanism and introduces a unique approach to memecoin launches which is designed to increase participation. 

So as it is gaining traction in this article, we will look into the basics of Boop.fun which include what it is, how it works, and will compare its features with Pump.fun. 

What is Boop.fun?

Boop.fun is a decentralized memecoin launchpad on the Solana blockchain founded by Dingaling, an NFT Influencer on 1st May, 2025. It lets anyone create and launch their memecoin called “cults” with just a few clicks. 

Boop.fun is gaining popularity due to its simplicity, which requires no coding skills to develop a memecoin. It also incorporates social media platforms especially X (Twitter), to help users in promoting their token. 

What Is Boop.fun?
Source: Boop.fun

According to CoinMarketCap, after its launch, the BOOP, the native token of Boop.fun market cap, crossed $500 million in just 24 hours. Its airdrop system rewards its users based on their engagement and the performance of their cults. 

How Boop.fun Works?

Boop.fun is a very easy-to-use platform that makes launching a memecoin on the Solana blockchain a game. 

A user starts with connecting its wallet with Boop.fun and then fills in the basic details of the memecoin that a user wants to create like token name, token ticker, token image, etc. Boop.fun also provides the option to create a memecoin directly by tweeting @beeponboop with coin request and other coin details. 

Once the token is created, it gets instant liquidity with the help of a bonding curve, with 75% supply added there, and the remaining 5% goes to Boop Stakers, and 20% is reserved for Raydium pools after the token graduates (clearing the bonding curve). Token creators also have the option to buy tokens prior to its launching. 

All tokens are automatically listed and tradable on Boop.fun after their launch. It charges a 1% fee, which is shared between stakers, team members, and the buyback pool. If the token crosses the market cap of 400 SOL then it will be registered with Raydium and go to Raydium Liquidity Pools, which further increases its visibility. 

Hence, Boop.fun works in a very simple way, which provides an opportunity for everyone to create their own memecoin and gain profit over time. 

Features of Boop.fun

Here are some basic features of Boop.fun, which make it unique: 

User-Friendly Token Creation 

Boop.fun provides its users with a platform to create a meme coin just by providing a name of memecoin, its ticker, and uploading an image. There is no need for any coding skills and charges no fees for token creation, which makes it accessible for a larger audience.

Fair Launch Mechanism

Boop.fun uses a system where tokens are minted at once without presales and also provides equal opportunity for all with reducing the risk of insider advantages. 

Bonding Curve Pricing Model

Boop.fun uses a bonding curve pricing model where the price of the token increases with every purchase, which creates a built-in demand-based value. 

When a user launches a token, 75% of the token supply is placed on this curve, which helps early investors to purchase the token at a low price while the later buyers pay more. This type of pricing model provides benefits to creators by rewarding early momentum and helps maintain fair pricing during token sales. 

Automated Liquidity Provision

It is the most important feature of Boop.fun where it provides automated liquidity by initially using a bonding curve, which allows token trading without any manual setup.

Once a token crosses 400 SOL market cap, it is automatically transitioned into a Raydium pool, which offers more liquidity and access to BOOP rewards for both creators and token holders. Further, this automated liquidity provision provides a smooth trading experience and increases token stability. 

Community Engagement Tools

Boop.fun provides a gaming-like experience and attracts community engagement by using social media engagements, staking, reward distributions, and an airdrop mechanism. 

Boop.fun VS Pump.fun

Here is a comparison table of the most popular memecoin launchpad: 

FeatureBoop.fun Pump.fun
Launch Year 20252024
FoundersDingaling (NFT Investor)Noah Tweedale, Alon Cohen and Dylan Kerler
Blockchain SolanaSolana
Token Graduation Threshold400 SOL Market Cap$90K Market cap
Graduation Fees(Bonding Curve)6 SOL Token1.5 SOL Token 
Mobile appNo Mobile AppLaunched Mobile App in Feb, 2025
Popular Memecoins A new platform, so not yet any popular tokensFartcoin, Daku, Moo Deng, PNUT, zerebro, etc
User Experience Easy-to-use, GamifiedEasy-to-use
Creators RewardsRewards creators with BOOP incentivesNo Rewards 

BOOP Token and its Utility

BOOP token is currently trading at $0.1439 is the native token Boop.fun memecoin launchpad. It has a total supply of 999.99 million BOOP, out of which, 291.41 million are currently in circulation. 

Boop Price Chart
BOOP Token Price — Source: CoinMarketCap

It has various utilities within the Boop.fun ecosystem. It is given as a reward when a user successfully creates a meme coin. By staking BOOP tokens a user can get access to 60% of the Solana trading fees from launched tokens and 5% of graduated memecoin supply via airdrops. 

Conclusion

Boop.fun is transforming the meme coin launch experience by providing a user-friendly interface, fair launch mechanism, community incentives, airdrop program, etc. By empowering creators with an advanced memecoin launchpad, it can be regarded as one of the best rivals of Pump.fun. However, it is a recently launched platform, so let’s see how it performs in this competitive landscape.

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Sourabh Parihar is a blockchain content writer specializing in Web3, DeFi, memecoins, and NFTs. With a passion for research, he stays up-to-date with the evolving cryptocurrency industry to deliver valuable insights.
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Gopal is a passionate crypto researcher & writer with a keen interest in innovations. Being in crypto space for over 4 years of period, he has gained extensive knowledge and technical understanding in DeFi by studying various protocols and decentralized infrastructures.