if you're not familiar with $GP here's why it is still undervalued and overlooked Graphite Protocol owns a major portion, and is the tech, behind the @bonk_fun platform. @SolportTom is the owner of GP Letsbonk is doing $112 million in 24 hour volume and has 80% of the Solana memecoin market share currently they have done $1.4 million in fees in the past 24 hours (pulled from the Letsbonk website) 7.6% of those fees go directly to buybacks for $GP this means that at current fees, there is $106,000 of buybacks per day ($745,000 per week) the circulating marketcap of $GP is $180 million right now here is some data regarding recent launches from all the memecoin launchpads: BelieveApp ( $LAUNCHCOIN ) has a $92 million marketcap and they had 0 graduates in the past 24 hours Pumpfun has a $965 million marketcap and had 18 graduates in the past 24 hours meanwhile Letsbonk had 158 graduates in the past 24 hours as long as Letsbonk continues to generate revenue through the platform, money will continue to flow into $GP