Useless Coin price

smart money continues to buy the #USELESS coin dip

I woke up to FUD claiming 'bonk guy sold $50,000,000 of bonk this week' This isn’t true: 1. First of all, I have never had up to $50 million in BONK. My peak PnL was a little over $20m at BONK ATH, and BONK is still around 46% down from its ATH price. I was very transparent about this then, so anyone can verify it publicly. 2. I’ve posted at least a dozen PnL updates of my BONK trade since I opened the position almost two years ago, and it’s been clearly established that my position is a perps trade, not spot. This user is posting a random screenshot of a spot trade and attributing it to me. 3. Ironically, BONK core contributor @iamkadense addressed the circulating screenshot yesterday and confirmed it was from a fund that was forced to liquidate to cover losses. I also quote tweeted that tweet for visibility: Kadense’s tweet was published over 30 hours ago and has 180,000 views now, so this user had more than enough time and opportunity to know the screenshot had nothing to do with me... if he was really interested in the truth. However, the account fudding is a passionate $PUMP bull and a vocal $BONK eco hater... so it’s clear he has malicious intent and zero interest in the truth. He’s been very publicly vocal about buying $PUMP and is down bigly on all his public buys (he’d be up a ton if he simply bought BONK or BonkFun eco coins like USELESS btw!). So I’m not surprised he hates BONK. He also launched a malicious and untrue attack against BonkFun lead dev @SolportTom earlier this week and refused to retract after he was shown evidence debunking his FUD. This fudder is clearly someone with little to no integrity, who is down a lot of money on his public $PUMP trades and is willing to do whatever it takes—including knowingly publishing lies and malicious takes—in hopes it’ll negatively affect BONK and the BonkFun ecosystem. Interestingly, this is the second FUD tweet of this nature this month, and when the first one came out, I had an army of people tagging me in group chats or DM’ing me to congratulate me or ask if it was true. My response to them was clear: 1) it’s not true 2) I’d be retarded if I sold BONK at these levels after holding for almost two years. As I’ve repeatedly tweeted lately, I believe BONK is getting primed for one of its most aggressive moves in recent times… one that’ll send it to $10 billion+. I genuinely believe this, and there’s zero chance I’ll be selling just before it plays out—especially after holding through insane volatility for almost two years! So why do they keep posting these FUD tweets? It’s simple: it gets them engagement. The first account that posted FUD two weeks ago had 7k followers, and that tweet suddenly got hundreds of thousands of views in hours. This second account fudding now has gotten 193,000 views on its false, malicious tweet in just 11 hours—probably the most engagement it’s ever had in that timeframe. So once again: I HAVE NOT SOLD A SINGLE BONK TOKEN. And I do not intend to sell any time soon. I promised to provide a PnL update once my BONK PnL hits $50 million, and I’ll do just that GOD WILLING. That said, I think it’s very important that you stay wary of FUD tweets like this going forward. I get that everyone wants to know when I close my position. But I can assure you of two things: 1. It won’t be happening any time soon. 2. When it does happen, you won’t be hearing about it first from bottom-of-the-barrel, low-integrity accounts like this one. I also want to strongly advocate that you form YOUR OWN thesis for your own trades—simply taking trades 'because bonk guy did' or reacting to every speculation about what bonk guy does is not a good trading strategy. This is why I always make sure to post a clear thesis for the trades I take: so you can see the data and form your own opinion instead of just copytrading me.