The Bonk Inu (Bonk) tab with a dog theme in Solana could be one to observe in the coming weeks, since a new tokens broadcast platform uses part of its rates to buy the token, with almost $ 1 million generated in the first three days after the launch.
Letsbonk.fun, built by members of the Bonk and Raydium community, launched on Sunday night as a Token broadcast platform centered on Bonk. A part of the rates will help ensure and support the Solana network using the Bonksol validator, according to tweets, with more than 10,000 tokens already issued.
Until Tuesday, the largest tokens in Letsbonk.Fun are hosic (market capitalization of $ 30 million) and Letsbonk (market capitalization of $ 5.3 million).
“I hope that the success of the platform surprises many,” said Theunipcs, the user of X well often, Theunipcs, in a telegram message. The user is colloquially known as “Bonk Guy” for a viral trade that made $ 16,000 to $ 20 million in the peak into a future Bonk trade.
“Letsbonkfun adopts a more innovative and simplified approach to Memecoin’s releases, focusing on ensuring that users and the solana block chain/Ecosystem can capture a good part of the value it creates,” he added.
“Pump.fun, has made more than $ 600 million in rates since it was launched just over a year ago. Imagine what even a fraction of this would mean for Bonk only in terms of purchase pressure,” said Theunipcs.
Bonk tokens have risen 54% in last week, according to the data, with a most of that movement after the launch of Letbonk on Sunday.
Several Futures Traced Bonk show an increase in open interest, or the amount of bets of unstable futures, with the largest jump from the $ 170 million on Saturday to more than $ 250 million until Tuesday, which shows an increase in the expectations of greater volatility of prices.