- BONK’s aggressive SOL accumulation and token burn strategy via LetsBONK is gaining market favor, sharply contrasting Pump.Fun’s $741M sell-off and liquidity-draining tactics.
- With BONK surging over 50% in a week and capturing dominant market share, analysts believe a 70% rally may be on the horizon.
In a striking divergence of strategy, the BONK-powered memecoin launchpad, LetsBONK, has ramped up its Solana (SOL) accumulation efforts just as Pump.Fun continues to offload massive amounts of the token. This contrast in approach is fueling speculation of a major BONK rally, potentially triggering a 70% price surge.
Over the past two months, the Bonk Inu Foundation has purchased and burned BONK tokens using 34,500 SOL (worth approximately $5.5 million), while also acquiring an additional 10,300 SOL ($1.6 million) in bonkSOL. This strategic buying not only supports BONK’s price, but also reinforces its commitment to sustainable tokenomics and long-term growth.
🚨 $BONK (@bonk_inu) records the largest 7-day gain among the top 200 cryptocurrencies by market cap! pic.twitter.com/lhKm6d5hzO
— The Solana Post (@thesolanapost) July 7, 2025
This stands in stark contrast to Pump.Fun, which has reportedly sold over 4.1 million SOL, valued at $741 million, since its launch 13 months ago. The liquidity extraction from Pump.Fun has raised concerns among traders, leading many to gravitate toward the BONK ecosystem, where revenue is reinvested rather than drained.
The market is responding favorably to BONK’s strategy. The token has surged over 50% in the past week, despite overall market sluggishness. BONK now boasts a market cap of $1.76 billion, reclaiming its title as the largest memecoin on Solana and ranking fourth globally, ahead of TRUMP, FARTCOIN, SPX, and PENGU.
This surge coincides with LetsBONK’s growing dominance. The platform generated over $1.04 million in daily revenue, nearly double that of Pump.Fun’s $533,412. With 54.7% of the memecoin launchpad market share compared to Pump.Fun’s 35.2%, LetsBONK is quickly becoming the preferred destination for “degen” traders.
One standout success is the USELESS token, launched on LetsBONK six weeks ago. It has gained over 5,700% in the past 30 days, with most holders in profit—reinforcing confidence in the platform’s model.
Speculation surrounding Pump.Fun’s upcoming $PUMP token generation event (TGE) initially triggered bearish outlooks. However, some analysts now view BONK’s rising influence as a counterweight. Reports suggest Pump.Fun has raised $1 billion at a $4 billion valuation, with OTC valuations between $7 billion and $10 billion.
According to memecoin influencer “Bonk Guy,” BONK remains undervalued compared to PUMP. “From an objective investment perspective, there’s greater ROI potential in buying BONK at $1.8 billion than buying PUMP at $4 billion or more,” he said.
Technically, BONK is forming a bullish ascending channel, with resistance at $0.00002500–$0.00002600. The breakout above $0.00001900 signals strong upward momentum. If BONK holds this level, analysts project a rally toward the upper channel target, aligning with historical supply zones.
With strong fundamentals, positive sentiment, and capital inflows (CMF at 0.15), BONK’s latest SOL buying spree may be setting the stage for a major rally, one that could rewrite memecoin market dynamics in the coming weeks.
