LETSBONK at 2x marketshare compared to PUMPFUN rn
6x more tokens have graduated from BONK + 3x more launched from BONK as well
PUMP also hit ATL this morning at ~$800M MC, down 80% from ICO of $4BN MC
Even if buyback started with their $600M, they'd probably be negative in their own purchases within like two days Just like they were with their first few million dollars that they bought back a couple weeks ago
that + VCs/presales proobably sold around $4.5BN to secure their 30% gains anyways
that, and since airdrops have been confirmed to "not happen in the immediate future", there really is no real reason for people to buy this token (according to the market)
15.32K
31
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.