Crypto Whales Turn to Meme Сoins???????

This summer turned into an unofficial meme coin season. Following the explosive rise of Useless Coin (USELESS), a meme coin on @Solana Official $SOL #solana , launched through Lets Bonk. Fun, large players started paying attention. USELESS became a symbol of the Pump. Fun vs Lets Bonk. Fun rivalry — and Lets Bonk. Fun even surpassed its competitor in volume, revenue, and other metrics. As its name suggests, Lets Bonk. $FUN traces its roots to the older meme coin $BONK .

The growth of the LetsBonk.Fun ecosystem mirrored BONK’s performance. In July, BONK surged to nearly $0.00004, gaining around 200% in one month. But by early August, the price had corrected back to $0.000023 — a roughly 40% decline from the peak.

On-chain data shows that whales used this drop to accumulate BONK. The expansion of LetsBonk.Fun seems to have injected fresh optimism into the meme coin. On Aug. 5 alone, over $600,000 in smart money flowed into BONK.