Bonk Guy says the on-chain trading environment may recover as pessimistic sentiment eases

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Bonk Guy: Depressed market sentiment may be breeding opportunities; the on-chain market may recover

BlockBeats News,October 27, renowned trader Bonk Guy stated in a post that although the crypto community generally believes the current on-chain trading environment has fallen to a historic low, over the past 4 months, approximately 6 new tokens still reached market capitalizations of 100000000 to 300000000 USD or above, while dozens of new tokens saw their fully diluted valuations (FDV) surpass 10000000 USD. Among them, tokens such as PONS、ANSEM、CASHCAT、AI、STONK saw their FDV each reach at least 300000000 USD. Despite the deterioration in market structure, tokens making substantial gains still occasionally emerge in on-chain trading. Compared with the depressed periods before the emergence of Robinhood Chain and after the issuance of the TRUMP token last year but before the initial rise of BonkFun, the current market is far from its historical worst.

Although the current market environment is not as favorable as the period of broad-based gains a few months ago, this does not mean on-chain trading opportunities have disappeared. As market sentiment is dominated by pessimistic views, he expects the market may recover soon, potentially faster than most people anticipate. He recommends watching high-conviction tokens that performed prominently in the previous cycle and considering gradually building positions during pullbacks. He stated that historical experience shows that some tokens may not only return to their previous highs in the next upswing, but may rise further, while the market's greatest opportunities often emerge before mainstream sentiment shifts.

Original link https://m.theblockbeats.info/flash/373979

Key points

BlockBeats said that Bonk Guy stated the current on-chain trading environment is widely regarded as being at a historical low.
Over the past 4 months, approximately 6 new tokens reached market capitalizations of 100000000 to 300000000 USD or above, while dozens of new tokens'FDV surpassed 10000000 USD。
PONS、ANSEM、CASHCAT、AI、STONK's FDV each reached at least 300000000 USD。
Bonk Guy expects the market may recover soon and recommends monitoring tokens that performed well in the previous market cycle, while considering gradually building positions during pullbacks.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

FDV is fully diluted valuation, typically used to estimate the value corresponding to the token’s entire supply. Bonk Guy’s core view is that although market sentiment is pessimistic, highly valued new tokens have still appeared on-chain, so opportunities may not have disappeared.

Why it matters to readers

If market sentiment shifts, some on-chain tokens may attract attention; however, the current evidence consists primarily of traders’ views and does not mean that the market has already recovered.

Beginners should distinguish personal predictions from market changes that have already occurred and should not buy tokens solely based on expectations of a recovery.

Risks and unknowns

The text does not provide Bonk Guy’s original post or independent data to verify the relevant market capitalization and FDV。
whether the market will recover, the pace of any recovery, and whether the relevant tokens can rise again have not been confirmed.
New on-chain tokens may involve relatively high volatility and liquidity risks; the text does not provide specific risk data.

Bonk Guy says the on-chain trading environment may recover as pessimistic sentiment eases

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