who is launching the next viral memecoin on LetsBONKfun?
i'll be actively watching new launches on the platform and buying non-BONK-related coins that I really like from my public wallet
if i see something that really stands out, i might also put it on the fabled bonk guy 'list' and give the token perpetual free marketing
there are so many reasons to launch a coin on https://t.co/JI5WLCh3Vg:
- token creators receive a portion of fees generated from their tokens
- it's the only pumpfun-style platform that supports unit biasāunit bias is incredibly bullish for a coin because nothing beats retail being able to buy millions of units of a token for a few hundred dollars and dream of it one day going to $1 per unit and making them a millionaire
- LetsBONKfun is backed by $BONK, Solana's main memecoin with ~1,000,000 users and has a focus on keeping value generated on the platform within the Solana ecosystem
as if that weren't enough, users who create the best tokens on the platform in the next 7 days will each be rewarded $5,000 for their efforts
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i promised to reveal the name and ticker of my latest six-figure leveraged trade once it did a 2x
this happened a lot faster than i anticipatedāi.e., in just over 24 hoursāso, as promised, iāll be sharing the details of my latest trade:
- token/ticker: $PNUT
- entry market cap: $177 million
- current market cap: $400 million
- margin/investment amount: $152,753.83
- leverage size: 6x
- PNL at the time of writing: $1,151,001.25
Why PNUT?
as i mentioned in my initial tweet about this trade yesterday, PNUT stood out because it shares several traits with two key assets that had insane rallies over the past month: $PENGU and $POPCAT
the most important of these: all three assets (PENGU, POPCAT, and PNUT) were listed on Robinhoodāthe worldās biggest and most impactful retail trading outletāon the exact same date: 13 March, 2025
i noticed that PENGU and POPCAT began their post-Robinhood listing rallies in early April (about one month post-listing) and are both up 300ā400% in just four weeks, while PNUT had barely moved and was still trading around its listing level
furthermore, PNUT had crashed 95% from its $2.5 billion ATH and had been ranging at the bottom for four months straight
it is worth noting that those four months were among the worst periods for crypto in a long timeā$BTC hit multi-month lows, and many major memecoins suffered fresh 70ā90% corrections. yet PNUT held its level and barely budged
this means one thing: sellers have been exhausted!
in addition:
- PNUT is tradable on nearly every major T0 and T1 CEXāRobinhood, Coinbase, Binance, Bybit, OKX, etc
- it is down over 90% from ATH
- it is the lowest cap memecoin on Robinhood
- it's one of the most recognizable recent memecoins among retail, thanks to its unique lore and role during the 2024 US elections
- it consistently did more volume than most major memecoins, even those with 5ā8x its market cap
- PENGU & POPCAT (listed on Robinhood the same day as PNUT) have pumped 300ā400% in weeks, which many would use as a good reference point/anchor for what's possible with PNUT once it starts pumping
while many dismissed it as 'a dead squirrel no one is talking about,' both charts and fundamentals aligned for an explosive moveāas long as it got the right spark.
in essence:
- it's a memecoin with strong retail familiarity
- itās listed on every major retail outlet and CEX, making it easy for retail to bid
- when it appears as a top gainer on Robinhood/Coinbase/Binance, many will remember its election-era pump and buy expecting a repeat
- it has a history of strong mindshareāonce it starts pumping, the narrative spreads fast: āwait, that dead squirrel is up 100% and outperforming everything?ā
- and perhaps most importantly: widespread disbelief and dismissal created the perfect conditions for a hated rallyālikely to be amplified by shorts piling on and getting squeezed by organic buy pressure from retail buying due to muscle memory of its last explosive pump
this was my thesisāand so far, it has played out
now, iāve seen a few people insinuate that PNUT only pumped because i tweeted about it. thatās absurd!
PNUT has added $223 million in market cap in the past 24 hours, with ~$1.2 billion in 24h trading volume
if you truly believe that a single tweet from meāa random anon who didnāt even reveal the name, ticker, or entry priceācaused that much price growth and volume, then i have an Eiffel Tower to sell you!
iāve tweeted about several coins this past week that barely moved, including low caps. i tweeted about Simonās Cat earlier todayāitās up only ~10%, or ~$5m in added market cap
the takeaway:
thereās only so much a single man can do if the fundamentals arenāt aligned
PNUT has pumped so hard in such a short time because of its fundamentals at the time of my longāand thatās exactly why i entered
the market simply validated my thesis
if those fundamentals werenāt in place, it wouldnāt have pumped even a fraction of what it didāand wouldāve likely retraced any small gain faster than it appeared
at the end of the day:
those who execute and take trades get rewarded. the complainers get sidelined and end up with nothing to show for it
TO GOD BE THE GLORY!
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