ty for taking a stand for me, king! š«”ļøļøļøļøļøļø
in The Lab, we observed that every solid new memecoin runner tended to have a -60% dip after its initial mega rallyāand that thatās where you bid hard if you were sidelined!
USELESS had a 16,000%+ pump in just 7 days, so a correction was inevitable. interestingly, it just had its first -60% dip from the highs and is likely bottomed
as for the haters: the reason theyāll always be sidelined pocket-watching me is because i act on conviction and double down when neededāwhile theyāre too chicken to even decide where they stand
this week theyāre swayed by emotional and paid actors screaming 'bonk guy is the worst thing to happen to this space'
next week they're moved by the same crowd chanting 'bonk guy was right' after one of my theses plays out
indecisive. weak. spineless. unable to make their own decisions or have their own conviction!
i was initially bothered by the hateāsome of which clearly comes from vested interests and paid actors. of course the establishment is threatened by LetsBONKfun disrupting their cash cow. naturally, they fight back
i just happened to be the most prominent actor and āmain characterā at the time, so it was easier to target me
but i wouldnāt be here today if i was easily swayed by attacks like this
i also just bought an additional $125,000 worth of USELESS coins todayāincreasing my position while many are getting shaken out by baseless FUD and coordinated attacks (ty for the dip!)
if it isnāt clear, let me make it clear again:
1. iām not on the BONK or LetsBONKfun team. never have been
2. iāve never been paid by either teamānot in tokens, cash, or favors. the only commercial incentive i have with BONK is my long position, which iāve publicly documented for almost 2 years now
3. i could literally choose to never talk about BONK eco or LetsBONKfun again and it would change nothing. iām under no contract or obligation to anyone, anywhere
4. iāve spent over $500k of my own money buying LetsBONKfun memecoins over the past two weeksāmost of it trackable via my public wallet. i havenāt sold a single token of any of these memecoins. so if people are down, iām probably down more. iām literally in the trenches aping with everyone. i even locked my HOSICO tokens for 3 months when i didnāt have to
5. prior to LetsBONKfun, i had privately decided not to publicly shill any new memecoin tickers for the foreseeable future. i only broke that rule for a few reasons:
- i love the BONK eco (for obvious reasons!) and i think this is the most high-impact, high-potential project to come out of the eco
- LetsBONKFun is also the most pro-people, pro-Solana eco launchpad in the entire space
- its success directly benefits my flagship BONK position: over 40% of the platform fees go toward buying BONK, and if it captures even half of Pumpfunās traction, thatās $100m+ in annual BONK buy pressure
- iāve seen genuinely good memes come out of the platform. that makes it easier to publicly stand by them. iāve only pushed ~5 memes out of 80,000+ launched (despite thousands tagging me hoping for a push), and i was very upfront that i would be pushing memes from the platform to support it when it just came out. i was also pretty clear that this is a degen move, and i explained the attendant risks. ironically, many of the KOLs attacking me push more tickers than this every week!
my support is clearly making a dentāhence the attacks
regardless, those who know the bonk guy lore know i was born and forged in CT hate. iāve been accused of so much, despite only trying to help by sharing my experience and thought process in a fully documented wayāwith proof!
i donāt bow to baseless hate or cancel attempts
and iām definitely not bowing here
this is only the beginning of the ābonk guyā legend
GOD WILLING šļøļøļøļøļøļø
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