$LUM really reminds me of early $BONK.
For those who don’t remember — $BONK originally pumped to an $360M market cap, then went through a long downtrend, dropping all the way to $10M. But after that, it skyrocketed to $4B. It was the first memecoin on Solana that truly kickstarted wealth creation for the Solana community. And once people missed that pump, they began looking for “the next BONK.” That wave brought a massive inflow of capital into the Solana ecosystem — from retail traders, funds, and even market makers. Many OGs still refer to BONK as the locomotive of Solana’s revival.
Now let’s look at $LUM.
For those who don’t know $LUM was launched by two AIs, Clanker and Aethernet, completely without human involvement. Before LUM launched, Base was honestly quiet. There were a few early movers like Virtuals and AIXBT just getting started, but overall, the chain wasn’t getting much attention. Most of the activity (mine included) was still on Solana.
Then LUM launched. I remember that day clearly, I managed to grab it around the $2–$3 range. The coin shot up to $80 (an $80M market cap), and suddenly, Base lit up with energy. At one point, LUM even surpassed Clanker in market cap. It felt like what BONK was for Solana... a true spark for the entire Base ecosystem.
Those who made money with LUM started rotating their profits into Virtuals, Clanker, and other tokens across Base. I remember it well.... I was tracking wallets on Nansen and could literally see how wealth from LUM was flowing into other projects across the ecosystem. Everyone was expecting a Coinbase listing.
Now, just like BONK back then, LUM is in a heavy downtrend, currently hovering around a $1M market cap.
#MarketRebound #TrumpTariffs #SaylorBTCPurchase #WhaleJamesWynnWatch #Bitcoin2025
