$GP might be the most undervalued token on SOL, yet nobody is talking about it. With $PUMP TGE nearing and $BONK gaining market share, it's crucial to understand the opportunity. Let's break it down. 🧵
$GP is the $PUMP of $BONK/@bonk_fun...but it's sitting at $25m circ mcap. It's the flywheel that #launchcoin holders have been begging for, but for an ecosystem with WAY more volume and revenue.
7.5% of @bonk_fun revenue is directly injected into $GP. Let's put that into perspective: $BONK - 50% of fees - $1.4b mcap $GP - 7.5% of fees - $25m circ mcap Mathematically, fees are currently 8.4x more impactful for $GP than $BONK.
$PUMP is launching at $4b valuation. Let's say $PUMP gets 50% of fees - I doubt Alon's this generous, but: $PUMP - 50% of $1m~/day (currently) = $500k in buybacks @ $4b $GP - 7.5% of $350k/day (currently + rising) = $26,250 in buybacks @ $25m This makes $GP buy backs roughly 8.5x more impactful than $PUMP buy backs IF Alon was generous enough to do 50% buy backs on $PUMP (doubt). This doesn't even consider the fact that $BONK is rising in market share, while $PUMP is falling.
Big funds and whales want to buy TEN MILLION DOLLARS worth of $GP. $10m is MULTIPLES of the current liquidity of the token. $10m in buys on a $25m coin MULTIPLIES it. A LOT. This is a LAYUP. Tom literally TOLD YOU that whales want to inject $10m into his token.
$GP literally OWNS 40% of LetsBonk. It's Tom's protocol token that focuses on building custom technology and smart contracts for projects. In return, they receive a cut of revenue. They built @bonk_fun.
You missed #USELESS, you missed $HOSICO, you missed $IKUN... But guess what? ALL of these coins going up BENEFIT $GP more than ANY TOKEN. Betting on the BONK ecosystem? Then you're betting on $GP.
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