Bonk Guy Responds to Market Maker Doubts, Claims PONS and USELESS Market Caps Have Not Reached $1 Billion
Bonk Guy published a response to market skepticism regarding his decision not to sell, arguing that being accused of being a market maker or fund manipulator is unreasonable. He stated that he chooses to hold high-conviction assets for the long term, citing that during the last cycle, some meme coins had market caps exceeding $1 billion, with strong meme coins reaching $4 billion to $5 billion, and excellent protocols surpassing $5 billion. This market cycle may be even more active. Currently, the market caps of PONS and USELESS in Bonk Guy's portfolio are approximately $400 million and $270 million, respectively, and have not yet reached $1 billion. Therefore, he chooses to continue holding and emphasizes that he has a different investment time horizon.
-- Price
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