$GP has been the fastest horse in the trenches this month up over 25X since July 1st
I don't think it stops here
Bonkfun is currently generating $106K per day in buybacks for $GP as of todays latest revenue statistics and this number is only growing. As Bonkfun continues to take market share from Pump we could see this number significantly increase over the coming weeks/months.
That's $3.2M in monthly buybacks for a coin that has 2.5M in liquidity. $GP is currently burning 1% of its FDV, 2% of its entire market cap monthly!
@bonk_fun has made $2M in the past 24 hours alone and is quickly climbing the ranks surpassing Jupiter, Raydium, $Pump, and Aerodrome.
7.6% of this revenue goes directly to $GP to buy back and burn 🤯
Jupiter - 1.8bn mc / 4.3bn fdv
Pump - 1.3bn mc / 3.7bn fdv
Raydium - 900M mc / 1.85bn fdv
Aerodrome - 820M mc / 1.6bn fdv
Graphite Protocol - 165M mc / 335M fdv
Let that sink in...
15.17K
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