$gp just ran 70% after wlfi announced adding $spsc to their meme reserves. first of several catalysts that will inevitably spark a bonk fun season 2. felt everyone needed the reminder that $gp own 38% of bonk fun revenue and is the LARGEST beneficiary in the ecosystem. feels like a perfect storm brewing, 6 months of restructuring complete, chess pieces are moving, and NOBODY is paying attention. bonk fun has been hammered into the ground, @SolportTom (verifiably one of the most relentless builders in crypto) + team have been cooking quietly with @worldlibertyfi backing + 20m treasury, yet price is still 15x below ath. the more i dig into this, the larger the bull case grows. some key developments: + 70% reduction in $gp emissions, shifting focus to revenue and buybacks (previous crutch for gp holders) + exclusive partnership with wlfi as the sole token distributor for usd1 ecosystem on solana + @GraphiteProto just announced their focus on strategic acquisitions to drive (yet again) more revenue & buybacks. dao vote currently live for gp to lead @AdrenaProtocol (solana perp dex) + @worldlibertyfi getting active on tl, already clipping 6 figs into bonk/usd1 memes. wlfi app in final testing phase, likely listing these same pairs. + 6 months worth of strategy and development about to deploy. broader market tailwinds: + memes back in meta with rising ceilings + $pump sentiment relatively low + macro bottomed (?) after the disrespect put on toms name, you really think after 6 months of building in silence he's not about to come back swinging? these are the first major catalysts one after half a year of development and strategic partnerships. if you remember when @bonkfun had their time in the sun, they were easily the fastest paced and most communicative team in the entire space. huge set up imo. confident bet on $gp being the most undervalued revenue/buy back plays right now.