The Three Comebacks of Bonk: From Meme to the Return of the Meme

In July of this year, Bonk's market share surpassed that of its competitors, and there are high expectations for Bonk in the entire market. This is not only due to the influence of certain projects over the long term but also because Bonk itself is a story of continuous comeback, reflecting the game between the community and capital.

Bonk has experienced two significant reversals:

The first occurrence was during the collapse of a major exchange, when Bonk challenged capital on behalf of Solana developers, marking the highlight moment for Solana meme tokens.

The second time was when some projects were making a lot of money, Bonk led many participants back to the community-centric meme culture. By creating a series of interesting narratives, such as Wangcai, Useless Token, and Hosico, Bonk once held an important position in the Solana ecosystem.

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Subsequently, a large number of investment funds targeting Bonk emerged, and new trading platforms continued to launch, competing for the already limited market share. Coupled with the market's attention shifting to the secondary market, the wealth creation wave of Solana began to wane, and the popularity of Bonk gradually declined.

However, the development of Bonk is still worth paying attention to. Recently, a community member passionately called to "make memes great again," and Bonk-related platforms have collaborated with other projects to launch creator incentive activities. These moves indicate that Bonk is working hard to return to its meme roots.

After experiencing the rise and fall of various trading models and platforms, people begin to reflect: do they truly love the meme itself, or is it merely the thrill of trading the meme?

Next, Bonk may experience a third reversal. Solana has become the largest harbor for cryptocurrency liquidity, with daily trading volumes exceeding the total of all other capital markets. The main force of future capital 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 may have a stimulating effect on traders. Traders can receive up to 60% in fee rebates, while creators can receive up to 15% in fee rebates, and these rewards can be claimed once every 24 hours.

However, the true power of Bonk comes from its meme community. Bonk has come a long way, and every turnaround is inseparable from the enthusiasm and creativity of the community. Whether it's the carnival of meme culture or the active participation of creators, it is all driving Bonk's continuous rebirth.

When the narratives in the market are overused and investors no longer buy into pure emotion, those sincere communities that are willing to invest resources will still become the focus of the market. This is the real key to enabling Bonk to complete its third turnaround.

Let us look forward to meme culture shining brightly again, bringing new vitality and creativity to the cryptocurrency market.

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