Meme coin startup platform LetsBONK promises to allocate 1% of its revenue to the top tokens of the BONK ecosystem

According to The Block, the Meme coin startup platform LetsBONK announced that 1% of its total revenue will be used to repurchase top tokens within the BONK ecosystem. This portion of the funds will be allocated from the team marketing fund and will be repurchased once a week. According to platform data, LetsBONK has generated approximately $1.5 million in transaction fees in the past 24 hours and can provide $15000 in repurchase funds on a pro rata basis. In recent weeks, LetsBONK has surpassed its competitor platform Pump.fun in terms of daily trading volume and token issuance. According to the Root Dune dashboard, the total market value of tokens issued on LetsBONK has recently exceeded $1 billion. Useless Coin is the largest token in this ecosystem, followed closely by ANI - the token representing xAI's recently launched Grok AI companion.