#creattoearn
đ¶đ„ BONK Loses Its Bite? Or Just Catching Breath?
After an 80% July rally, memecoin $BONK  is cooling fast â down 13% this month, slicing its market cap below $2T. Price halved from $0.000040 â $0.000020 in under a month, printing its 4th lower low. Market structure = still bearish đ
Whatâs going on?
đ RSI topped out = classic reset, but no real accumulation
đ Holders dumping = FOMO â profit-taking
đ Even while DOGE managed +4% đ
The bigger shift? Pump. fun s back on top.
đ Aug 6th volumes: Pump. fun $100.7M vs BONK_fun $70.6M
đ„ Pump. fun launched 16K tokens in a day vs BONK_funâs 11.4K
đžÂ $33M PUMP buyback = 20% price pop
Now Pump. fun owns 90% of Solanaâs memecoin launchpad volume, while Bonk_fun slipped to 0.74%. Ouch. Bonk_fun isnât giving up â rolling out a Points Tab to re-engage traders. But for now, liquidity is flowing back to Pump. fun.
TL;DR: BONKâs dip isnât your classic âbuy the dip.â Itâs a sentiment shift, and unless Bonk_funâs new incentives work, Pump. fun might just run the memecoin game on Solana. đđ„
đ WhiteBIT Chart: BONK/USDT