solthugger

Trader Mitch (idrawline). The guy started his journey in the trenches in February 2024 with 1 Solana and is now a millionaire and a highly respected influencer. The token was immediately bought out for $17k at a cap of $22k. And in just 10 seconds, it was already at $3 million. He immediately stated that he would never sell, burn, or lock up these tokens. Considering that Mitch has been holding some coins for over a year, most traders believe him. Three hours after launch, the token was already trading at a cap of $35 million. Although the real cap is only 20%, as 80% of the supply is in Mitch's hands. The launch happened at the perfect moment, immediately after pump.fun announced changes to the structure of rewards for token creators. Of course, Alon and Mitch are old friends. Perhaps this will launch a new mini-trend for streaming tokens, but I seriously doubt that we will see a more successful launch in the near future. It's funny to realize that someone made millions of dollars in just a couple of hours, but at the same time will not record their profits (most likely 😊). ca: FDEF2U9geiWS7sdGPCUo2r1wGswkJr2mmVTECiH6pump

Tonight, bonk.fun announced a strategic partnership with WLFI (Trump's crypto office) 🦅 They will become the first official USD1 launchpad, whatever that means. Details of the partnership will be revealed later. The $Eagle token predictably reacted with a pump to 6M, but the announcement was more of an “exit point” for early holders. After all, the entire growth was almost immediately suppressed by sales. The competition for degens in trench coats is heating up. I wonder if Jupiter, Boop, Light, or Bags will do anything to stay in the race 🤔

Is the Bonk meme making a comeback? 💵 Yesterday, after several tweets and announcements on Twitter, we saw the return of the Bonk mini-meme, just like a few months ago. One of the main factors in Bonk's local success was the $eagle token 🦅, which reached 5 million in less than a day and is now approaching its all-time high. This is considered a hint at Bonk's collaboration with WLFI (Trump's office). In addition, we heard more explicit comments from the team, and they even prepared a tournament for traders on their platform with a prize pool of $80,000. It is too early to talk about a change in the meta, as 80% of the tokens are still in the trenches and Useless is still below 300 million. The team had to analyze their mistakes so that bonk.fun would once again have a good chance to compete with pump.fun. I would like to see how bonk-kabal will pump other tokens besides Useless and Ani 😊