Robinhood's meme token drama playing out like a palace intrigue? Wasn't everyone saying PONS was backed by Bonk? So why is @bonk_inu now launching a new platform, @circus_trade? The craziest part is that the rumored big backer distanced themselves and went solo, yet PONS suddenly pumped hard, hitting a new ATH of $30M. Meanwhile, Bonk's new platform, Circus, has been live for several hours, but there are only two tokens over $1M so far. The hype feels a bit short-lived. RH67, the first token, even went through a rollercoaster ride, dropping from its ATH of $30M back down to $9M—kind of a flash-in-the-pan moment. Still, I bought into the second token, POW. A new platform always needs a flagship project to make a statement. Since it's Bonk's platform, they’ve got to deliver at least one solid project worth tens of millions, if not something over $100M. Otherwise, why even bother launching it!