PANews
PANews|Sep 24, 2026 13:41
[Bonk Guy Responds to Criticism of 'Not Selling Equals Market Maker/Fund Manipulation': Due to PONS and USELESS Market Cap Not Yet Reaching $1 Billion] Bonk Guy posted a statement addressing recent market claims that 'Unipcs (Bonk Guy) not selling may indicate market maker or fund manipulation, making it untrustworthy,' and expressed skepticism about these accusations. He explained that he chooses to hold high-conviction assets for the long term because, during the previous cycle, the market cap of certain meme coins exceeded $1 billion, with strong meme coins reaching $4–5 billion and outstanding protocols reaching over $5 billion. He believes this cycle could be even more dynamic. Currently, the market cap of PONS and USELESS in his portfolio is approximately $400 million and $270 million, respectively, which have not yet reached $1 billion. Therefore, he has chosen to continue holding and stated that he operates on a different investment time horizon.
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