Bonk's Third Reversal: Returning to the Essence of MEME
In July this year, Bonk's market share surpassed its competitors, and the market has high expectations for it. This is not only due to the negative impact of certain projects over the long term but also because Bonk itself is a story of continuous comeback, reflecting the game between the community and capital.
Bonk has gone through two significant reversals:
First, during the collapse of a certain exchange, Bonk represented the Solana developers in challenging the capital, marking the glorious moment of the Solana meme token.
Secondly, when a certain project was excessively exploiting, Bonk led many participants back to the community-centric MEME culture. By creating a series of interesting narratives, such as Wangcai, Useless Coin, and Hosico, Bonk once occupied an important position in the Solana ecosystem.
Subsequently, numerous funds targeting Bonk emerged in the market, new platforms continued to appear, and various asset launch platforms went live, competing for limited market share. Coupled with the shift of market attention towards the secondary market, the wealth creation wave of Solana began to recede, and the popularity of Bonk gradually declined.
Recently, a prominent figure shouted "Make MEME great again", and Bonk-related platforms collaborated with other projects to launch a creator incentive program. This has led people to ponder: do people truly love the MEME itself, or the thrill of trading MEME?
The next may be Bonk's third reversal.
Solana has become the largest hub for cryptocurrency liquidity, with daily trading volumes exceeding the total of all capital markets. In the future, the main force of capital will still focus on Solana, whether in the primary or secondary market.
!7400245
Incentive activities launched jointly by some platforms may stimulate traders: traders can receive up to 60% fee cashback, and creators can receive up to 15% fee cashback, with rewards available every 24 hours.
!7400246
Bonk has come a long way, and every turnaround is inseparable from the enthusiasm and creativity of the community. Whether it's the carnival of meme culture or the participation of creators, they are all driving Bonk's continuous rebirth.
When the narratives in the market become stale and investors no longer buy into emotions, the sincere communities willing to invest resources will still become the focus of the market—this is the key to truly enabling Bonk to achieve its third reversal.
Let's look forward to the resurgence of MEME culture, bringing new vitality to the crypto market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bonk's third reversal: returning to the community-driven MEME essence
Bonk's Third Reversal: Returning to the Essence of MEME
In July this year, Bonk's market share surpassed its competitors, and the market has high expectations for it. This is not only due to the negative impact of certain projects over the long term but also because Bonk itself is a story of continuous comeback, reflecting the game between the community and capital.
Bonk has gone through two significant reversals:
First, during the collapse of a certain exchange, Bonk represented the Solana developers in challenging the capital, marking the glorious moment of the Solana meme token.
Secondly, when a certain project was excessively exploiting, Bonk led many participants back to the community-centric MEME culture. By creating a series of interesting narratives, such as Wangcai, Useless Coin, and Hosico, Bonk once occupied an important position in the Solana ecosystem.
Subsequently, numerous funds targeting Bonk emerged in the market, new platforms continued to appear, and various asset launch platforms went live, competing for limited market share. Coupled with the shift of market attention towards the secondary market, the wealth creation wave of Solana began to recede, and the popularity of Bonk gradually declined.
Recently, a prominent figure shouted "Make MEME great again", and Bonk-related platforms collaborated with other projects to launch a creator incentive program. This has led people to ponder: do people truly love the MEME itself, or the thrill of trading MEME?
The next may be Bonk's third reversal.
Solana has become the largest hub for cryptocurrency liquidity, with daily trading volumes exceeding the total of all capital markets. In the future, the main force of capital will still focus on Solana, whether in the primary or secondary market.
!7400245
Incentive activities launched jointly by some platforms may stimulate traders: traders can receive up to 60% fee cashback, and creators can receive up to 15% fee cashback, with rewards available every 24 hours.
!7400246
Bonk has come a long way, and every turnaround is inseparable from the enthusiasm and creativity of the community. Whether it's the carnival of meme culture or the participation of creators, they are all driving Bonk's continuous rebirth.
When the narratives in the market become stale and investors no longer buy into emotions, the sincere communities willing to invest resources will still become the focus of the market—this is the key to truly enabling Bonk to achieve its third reversal.
Let's look forward to the resurgence of MEME culture, bringing new vitality to the crypto market.
!7400247