1’m bullish on
$SOL with all of this crazy
$BONK launches through
$RAY SDK by @Raydium devs… even your truly launch #DLGH at BONK ca: CyZkZCrSuzNCE6Qoayw9sbmoAT7kMWdRzySESFt8bonk
And with @CoinMarketCap launched by @CaptainRush at Dubai 🇦🇪 #CMC VIP# event tool #CMCAI let’s beautifully Deep Dive into the Bonk ecosystem…
1. Market Metrics
• Price volatility: BONK swung 18% intraday on July 24 (low: $0.000031, high: $0.000037) despite a 10% sector-wide dip (Coinspeaker)
• Volume surge: Derivatives OI rose 12.5% to $634M, with spot volume hitting $1.6B (+30% in 24h) as traders bet on post-burn momentum (The Defiant)
• Whale moves: A wallet linked to Galaxy Digital moved 510B BONK ($18.75M) to Binance/Coinbase hours after the burn announcement, triggering a 6.34% dip (CoinMarketCap)
2. Business & Partnerships
• LetsBonk dominance: The BONK-linked launchpad captured 64% of Solana’s memecoin market, allocating 1% of revenue to buybacks of ecosystem tokens (Yahoo Finance)
• Competitor collapse:
3. Regulatory & External Factors
• Lawsuit spillover: Solana Labs and Jito Labs were named in a $1.5B lawsuit tied to
• Institutional interest: BONK was added to Grayscale’s watchlist in July, with unconfirmed rumors of a 2x leveraged ETF filing (Bitrue)
Conclusion
BONK’s ecosystem growth and deflationary burns face counterpressure from whale exits and sector-wide volatility. Can LetsBonk’s revenue-sharing model sustain buying pressure if ETF hype fades?
