Bonk price

everyone keeps talking about wanting to re-run the $HYPE trade on $PUMP when in reality $BONK is the HYPE trade re-run - BonkFun now generates over $1 million in fees every day on average - 50% of BonkFun fees go towards buying and burning BONK vs the speculated 25% of Pumpfun fees going to PUMP - that's at least $500k daily, and over $15 million monthly, in BONK buy and burn pressure at the current pace JUST FROM BONKFUN. this is in contrast to 25% of Pumpfun fees going to $PUMP - an additional 8% buys BONK for the Strategic BONK Reserves and BonkRewards program (this part is not burned) - BonkFun is the leading launchpad now, and its dominance has only increased since it became the industry leader. i do not see this changing anytime soon. BonkFun IS literally the trenches now - all the usual VCs and KOLs have been bashing BONK while rooting for PUMP - in other words, everyone is sidelined on BONK while the PUMP trade is crowded i know there will be a mob army coming at me for “attacking PUMP and being negative ‘because we can all win together’” but i’ll say this my job has always been to share my objective thoughts about trade ideas and theses, whether they are consensus or not and i’ve never cared whether you like me or not when i do, still don’t do! in general, practically everything i’ve said about the Pumpfun vs BonkFun event has played out to the tee however i’ll also add my honest thoughts about PUMP here which i’ve been sharing in the trenches anyone thinking the PUMP launch flopped is being shortsighted i think it has done incredibly well and the launch was a massive success it has absorbed a massive amount of sell pressure while holding above $5 billion FDV despite giving people over $1 billion in unlocked tokens at a $4b fdv tge valuation. that’s massive considering the current state of liquidity for alts. it has held up very well in addition, the fact that PUMP hasn’t dipped below $5 billion fdv means there’s a crazy amount of demand at those levels and i think $PUMP as a trade is incredibly undervalued here and the r/r is to the upside when it comes to fundamentals, it’s simply one of the most profitable crypto apps in history and is still earning a good amount of fees despite having been flipped decisively by BonkFun while i think BonkFun has won the launchpad wars for good, i think Pumpfun likely anticipated this and has a bright future by pivoting to a streaming, DEX, and launchpad (albeit at a lower market share now) combo so Pumpfun is by no means done and PUMP should easily be worth multiples and trading well above a lot of the very high market cap vaporware cryptocurrencies in the market today it is literally trading at a discount as far as fundamentals go however, i think BONK is even more ridiculously discounted compared to PUMP as far as fundamentals go right now and i think almost all of CT is sleeping on this fact i want both to win i think both will win but like or hate me, i will always share what i believe to be my objective opinion about trade ideas i’m observing you can do with it whatever you will PS: i expect a mob to come after me for this, just as has happened for every nonconsensus tweet i’ve posted on this subject in the past month. however, literally every nonconsensus take i’ve shared about this in the past month has played out to the tee. the more passionately people criticize me, the more accurately my predictions play out