Bonk Guy said he will focus on projects with market capitalizations below US$100,000 or even US$10,000.
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Bonk Guy: Will Focus on Ultra-Low-Market-Cap Projects, Tired of Serving as “Exit Liquidity” for Large-Market-Cap Tokens
PANews reported on September 23 that the well-known trader Bonk Guy posted on X, stating that he is essentially a “trencher” and “degen” and does not agree with the view that one should invest only in large-market-cap tokens. He said he was tired of buying large-market-cap tokens and becoming someone else’s exit liquidity, and would prefer to focus on projects with market capitalizations below US$100,000 or even US$10,000. He added that “the smaller the market cap, the better,” and believes there is nothing wrong with focusing on ultra-low-market-cap tokens.
