News linked to both this project and an event.
well-known trader Bonk Guy posted that investors are currently being forced to sell high-conviction holdings due to market weakness, and this is precisely the most fragile phase. In his view, the truly difficult thing is not buying when the market is rising, but continuing to hold and buy the dip when the market falls into dullness and pain.Bonk Guy added that recent market movements have largely aligned with his previous expectations. Over the past two weeks, on-chain market performance has been relatively volatile, especially showing a clear cooldown compared to the strong momentum of the previous 1 to 2 months. Aside from a few assets such as USELESS and STONK, most of the previously popular tokens have now declined, with some dropping more than 50%. Newly issued tokens have performed especially badly. Therefore, he still regards the fourth quarter as the key focus and believes that the past few months were merely a prologue. If the market continues to rise in the coming weeks as he expects, investors who sell their high-conviction holdings now may regret it.
Odaily News Trader Bonkguy (unipcs) stated on the X platform that his publicly recorded Meme coin trades from the previous cycle include: BONK growing from $16,000 to over $20 million, WIF growing from $6,000 to over $1 million, FARTCOIN growing from approximately $300,000 to over $8 million, PNUT and POPCAT each growing from low six-figure USD amounts to over $1 million, and MAGA, DOGEGOV, and Roaring Kitty-themed tokens collectively growing from low five-figure and six-figure USD amounts to over $5-10 million.Unipcs stated that despite constant ridicule and claims that he would fail, his judgment has been repeatedly validated. Additionally, Unipcs said he believes USELESS will become the leading Meme coin this cycle, becoming the next DOGE or SHIB with a market cap in the tens of billions, and stated that his conviction in USELESS is stronger than in any previous trade. This is his most representative Meme coin trade of the cycle and the one he is most willing to stake his reputation on.