"Bonk Guy" Responds to Criticism of Not Selling Tokens: PONS and USELESS Are Far from Previous Cycle Highs

According to a report by Golden Finance on September 24, X platform user Unipcs (known as "Bonk Guy") responded to recent bearish narratives claiming that "not selling tokens might indicate market-making/fund manipulation and is untrustworthy." He stated that firmly holding high-conviction assets is not "a crime" and pointed out that during the previous cycle, the market cap of random meme tokens reached over $1 billion, high-quality meme tokens exceeded $4 billion to $5 billion, and leading protocols surpassed $5 billion. He expects this cycle to be even more intense. He mentioned that in his portfolio, the "strongest utility token" PONS currently has a market cap of only around $400 million, and the "strongest meme token" USELESS is at approximately $270 million. Both are far from the $1 billion mark and even further from the tens of billions valuation of top assets in the previous cycle. Therefore, he has chosen to hold them for a longer cycle. No additional details were provided in the original text.