
Four Launchpads, One Question: Which One Has the Most Room Left to Run?
A tweet making the rounds lined up four launchpads by market cap, Pump.fun at $2.9B, Pons at $550M, Stonk.fun at $180M, and Ember at $30M and asked a simple question: which one has the biggest upside from here? That's a fair way to frame it, but a market cap on its own doesn't tell you why each of these exists or what's actually driving the number. So I went…




