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Bonk's third comeback: Can the king of memes create brilliance again?
Bonk's Third Counterattack: Return to the Source of Memes
In July of this year, Bonk's market share surpassed that of similar projects, attracting significant market attention. This is not only due to the negative impact of certain projects over the long term, but also because Bonk itself represents a comeback story about the competition between community and capital.
Bonk has experienced two major turning points:
First, during the collapse of a major exchange, Bonk represented the Solana developers in challenging the capital, marking the glorious period of solmeme.
Secondly, when a certain project was frantically raising funds, Bonk led many participants back to the community-centered meme culture. By creating a series of interesting content and narratives, such as Wangcai, Useless Coin, and Hosico, Bonk once held an important position in the Solana ecosystem.
Subsequently, a large number of funds targeting Bonk emerged, with new platforms continually launching to compete for limited market share. As market attention shifted to the secondary market, the wealth creation wave of Solana began to wane, and the hype surrounding Bonk also declined. Nevertheless, Bonk's development is still worth monitoring.
Recently, a well-known figure enthusiastically shouted "Make memes great again", and platforms related to Bonk have launched a creator incentive campaign in collaboration with other projects. A recent social media post from this individual also focused on "memes", which upon reflection carries significant meaning.
The behavior of some heavily criticized projects frantically pushing up prices, with dozens of live streaming events every day, is off-putting. While certain projects have not completely disappeared, they have become neglected. Social launch platforms have repeatedly been discredited.
Bonk, which originated from a meme, has ultimately returned to the meme itself.
Do people truly love memes themselves, or are they just addicted to the thrill of trading memes?
Back to the point, the next might be Bonk's third reversal.
Solana has become the main carrier of cryptocurrency capital flow, with daily trading volume even exceeding the total of all capital markets. In the future, the main force of funds is likely to continue focusing on the Solana ecosystem, whether in the primary or secondary market.
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Incentive activities jointly launched by certain platforms are attractive to traders: traders can receive up to 60% fee cashback, and creators can receive up to 15% fee cashback, with rewards available once every 24 hours.
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The power of the meme community itself should not be underestimated. Every turnaround of Bonk is inseparable from the enthusiasm and creativity of the community—whether it is the carnival of meme culture or the active participation of creators, both are driving Bonk's continuous rebirth.
When the narratives in the market become overplayed and investors are no longer swayed by mere emotions, those sincere communities willing to invest resources will still become the focal point of the market—this is the true key to enabling Bonk to achieve its third turnaround.
Finally, let's look forward to meme culture shining brightly again.
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