Today, there is also a target called glonk, which is being promoted on both the bonk platform and the pumpfun platform. As a result, the trading volume and market value on the bonk platform are several times higher than those on pumpfun. I think this is an important signal: the retribution for pumpfun has arrived.
Pumpfun has been continuously selling SOL to dump the market with all its income. Recently, the platform decided to distribute 0.05% to creators, but as for the fantasy of them pumping meme coins, forget it. Previously, the founder could only pump a coin with words, and it went to zero in no time. The memories of being scammed are still fresh.
On the other hand, bonk has been aggressively promoting both the construction of its native coin and the subsequent rise of bots. Compared to that, the operations are very strong, especially with today's trend of glonk. If there wasn't a major player behind the pump, I absolutely wouldn't believe it. Just look at this standard three-wave rise after a correction; it's almost like it's drawn straight from a textbook, isn't it? It's a bit excessive.
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