BONK itself is a veteran meme and has BONKBOT revenue and high-income buybacks from BONK launchpads, I really don't understand what is in the minds of those who say they want to short BONK, or they don't understand it at all. Pure stupid one.
Since I posted this article 7/7,
$BONK from 0.000022 to 0.00004, nearly doubled.
At that time, some people said that I pulled and stepped on it, with rhythm,
But in fact, I only judged based on some objective data that the market value of BONK was indeed undervalued at that time:
1.
At that time, it has been more than profitable for several days in a row,
The heat continues to rise visibly with the naked eye.
2.
Pump is indeed an important innovator in the era of meme competition, but at the same time, it has also been draining the liquidity of the market for a long time.
If the pump continues to dominate,
$SOL is bound to face selling pressure for a long time.
3.
BONK's tokenomics model is clear:
58% of the platform's revenue will be used to buy back and burn BONK.
15% of the yield will be pledged on the Solana network, forming a positive cycle of value.
PUMP does not have a clear token economy so far.
I'm not denying pump,
It acts as a pioneer,
It has contributed to the emergence of today's meme events.
It's just that in terms of the market conditions at the time,
The P&L ratio of BONK is more attractive to me.
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