$BONK Spot has been taken! Not afraid of drops, not afraid of being stuck, this wave of market is not over, $BONK will definitely hit a new high!
#Bonk is no longer just a meme! It is the ace of Pump.fun, the meme coin issuance platform that occupies half of the market on Solana, with 50% of transaction fees used for buybacks and burns!
Pump's transaction fees last year were 700 million dollars, and $BONK's long-term share is half, which means a buyback of 150 to 200 million dollars!
When $BONK was only a meme, its historical peak market value still has room to double! With Pump's valuation at 4 billion, the reasonable market value of $BONK is about 5 billion (1.5 billion meme + 3.5 billion platform), currently only 2 billion!
Medium to long-term goal: $BONK will return to its historical peak, 1000% potential!