Bonk Guy said that PONS and USELESS have not yet reached 1000000000 USD in market capitalization, so he chose to continue holding.
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Bonk Guy responds to allegations that “not selling means market maker/fund manipulation”: Because PONS and USELESS market capitalizations have not yet reached 1000000000 USD
PANews September 24 news, Bonk Guy posted that the market has recently seen claims that “Unipcs (Bonk Guy) is not selling, so he may be a market maker or engaged in fund manipulation and cannot be trusted,” and questioned these claims. He said that he chooses to hold high-conviction assets for the long term because, in the previous cycle, the market capitalizations of some meme coins reached 1000000000 USD or more, strong meme coins reached 4000000000 to 5000000000 USD or more, and outstanding protocols reached 5000000000 USD or more; this market cycle may be more active. The market capitalizations of PONS and USELESS in his current holdings are approximately 400000000 USD and 270000000 USD, respectively, and have not yet reached 1000000000 USD. He therefore chose to continue holding and said that he has a different investment time horizon.
PANews reported on September 24 that Bonk Guy responded to the claim that “not selling means he may be a market maker or engaged in fund manipulation and cannot be trusted.”
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Bonk Guy said that, in the previous cycle, the market capitalizations of some meme coins exceeded 1000000000 USD, while strong meme coins reached 4000000000 to 5000000000 USD or more, and outstanding protocols reached 5000000000 USD or more.
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Bonk Guy said that this market cycle may be more active.
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Bonk Guy said that the market capitalizations of PONS and USELESS in his holdings are approximately 400000000 USD and 270000000 USD。
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Bonk Guy said that PONS and USELESS have not yet reached 1000000000 USD, so he chose to continue holding and said that he has a different investment time horizon.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Outside observers questioned whether Bonk Guy's failure to sell could be related to market maker or fund manipulation. Bonk Guy explained that, based on the market capitalizations reached by some meme coins and protocols in the previous cycle, he believes that PONS and USELESS have not yet reached 1000000000 USD, so he continues to hold. The above holdings, market capitalizations, assessments, and motivations are all based on his personal statements.
Why it matters to readers
This news item indicates Bonk Guy's publicly stated holding strategy and reference targets, but by itself does not prove the fundamentals or capital inflows of PONS or USELESS, nor does it confirm or rule out the manipulation allegations raised by outside observers.
Beginners should treat such public statements as personal opinions rather than a basis for buying or selling. Market capitalization is a valuation metric derived from price and circulating supply; a statement that one will continue holding does not mean the price will necessarily rise, nor does it mean the holdings have been independently verified.
Risks and unknowns
The evidence does not provide Bonk Guy's original post, so the full context cannot be verified.
His holdings of PONS and USELESS are not supported in the evidence by wallet addresses or other independent materials.
PONS Approximately 400000000 USD、USELESS Approximately 270000000 USD of market capitalization data do not specify the calculation time, source, or methodology.
Related Developments
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“This market cycle may be more active” is a personal assessment that has not been substantiated.
The evidence can only confirm that Bonk Guy responded to the manipulation allegations; it cannot confirm or rule out market maker or fund manipulation.
The market-cap claims regarding the related Meme coins and protocols in the previous cycle did not provide specific assets or data sources.
Related concepts
Market maker
This term is not in the glossary yet. Browse related concepts in the glossary.
