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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
the day is not yet over
and BonkFun has broken yet another record for total number of tokens launched:
28,316 tokens have been launched through BonkFun in the last 24 hours
this is a new record and the highest number of tokens ever launched on the platform in a 24-hour period
while many are anticipating a slowdown in BonkFun's meteoric rise, it has only continued to grow and see its dominance expand aggressively
what do you think this will look like when on-chain season returns? how about when we get to the mania phase of this cycle?
as i have been saying for a while now:
$BONK is the $HYPE trade re-run
21.7. klo 20.24
i keep hammering that $BONK is the $HYPE trade re-run
BonkFun has generated an average of $1.29 million in daily fees over the last 15 days
that's $19.3 million in fees in just 15 days
58% of that going towards buying $BONK means eight figures of buybacks in half a month
i.e. over $11 million in buybacks in half a month, with most of the bought tokens being burnt
that's going to be over $22 million in buybacks monthly
take a moment and let that sink in
it's also worth noting that BonkFun’s market share and dominance have only been increasing recently:
BonkFun hit its largest launchpad market share day ever just three days ago: 81.72%!
yeah, that’s BonkFun owning 81.72% of the entire launchpad market
and it generated $1.84 million in fees on that day
this is despite on-chain activity looking mostly dead/boring lately
what do you think is going to happen when on-chain action returns, when BonkFun starts having days with $5 million in fees
many are significantly underexposed to $BONK and bonk eco here IMO
BONK’s journey to $10 billion+ market cap has only just begun
GOD WILLING
H/T: @Adam_Tehc for having the best dashboard in all of crypto for tracking launchpad data
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