[Bonk Guy Responds to 'Not Selling' Criticism: Long-Term Holding of High-Conviction Assets is His Trading Strategy] BlockBeats News, September 25 — Renowned trader Bonk Guy published a statement addressing external doubts about his long-term decision not to sell tokens, which some speculated might be related to market makers or funds. He explained that his trading strategy involves holding high-conviction assets for the long term and that he does not believe an asset must be sold just because its price has risen. His holding periods differ from those of some other market participants. In the previous cycle, the market capitalization of some ordinary meme coins exceeded $1 billion, while stronger-performing meme coins and protocols reached valuations of $4 billion to $5 billion or more. He anticipates that the market trend in this cycle could be even stronger, so he is not in a hurry to sell his major holdings at this time. He stated that PONS is the highest-conviction utility token in his portfolio, with a current market capitalization of approximately $400 million. Meanwhile, USELESS is his most favored meme coin, with a current market capitalization of about $270 million. Both tokens' market caps have yet to reach $1 billion and are significantly lower than the valuation levels of some major projects in the previous cycle. [Original Link]