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23:34
Feb 11
Ray Chan Head of Content, CoinDesk CoinDesk
Memecoins are evolving into "cultural startups." Bonk is building trading bots and infrastructure, not just a ticker. In a market saturated with 25 million tokens, only "Utility Memes" that generate revenue or build products will survive the rotation. Bonk is pivoting to infrastructure. WATCH. Differentiate between pure gambling memes (AVOID) and infrastructure memes (LONG). Retail fatigue; rotation to new "shiny object" memes.
BONK
09:46
Feb 11
Ray Chan Head of Content, CoinDesk CoinDesk
Memecoins are evolving into "culture assets" with actual products. Bonk is building trading bots and DeFi tools, moving beyond just a joke token. "Memes" are the most efficient way to onboard retail. When a meme token pivots to building utility (infrastructure/products) while retaining its viral community, it becomes a "crypto startup" with a massive distribution advantage. LONG BONK as a "utility meme" play. Retail fatigue or a shift in narrative back to "serious" coins.
BONK 1ST

About BONK Analyst Coverage

Buzzberg tracks BONK (Bonk) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (50%). 2 total trade ideas tracked.