Letsbonk.fun Earns $800,000 in Three Days Post-Launch… "Expectations for Bonk's Rise ↑"

Son Min

Summary

Letsbonk.fun reportedly raised $800,000 in revenue within three days of its launch, boosting expectations for a Bonk price increase.
Bonk's perpetual futures open interest (OI) rose from $170 million to over $250 million, proving investor interest.
Letsbonk.fun was supported by the Bonk community and Raydium, with part of the fees used to support the Solana network and purchase Bonk.

The Bonk (BONK) based coin issuance platform Letsbonk.fun has reportedly earned $800,000 in fee revenue within three days of its launch, raising expectations for a price increase.

On the 29th (local time), CoinDesk reported, "Letsbonk.fun earned $800,000 in fees within three days of its launch. The number of tokens issued so far is about 10,000," adding, "Investor expectations for a Bonk price increase are growing." It continued, "Bonk has risen by over 50% since the launch of Letsbonk.fun," and "The perpetual futures open interest (OI) has increased from $170 million to over $250 million, reflecting investor expectations."

Famous Bonk analyst theunipcs stated in an interview with the media, "The meme coin issuance platform Pump.fun for Solana (SOL) earned over $600 million in fee revenue within a year of its launch," adding, "If Letsbonk.fun shows similar growth, tremendous buying pressure could occur."

Meanwhile, Letsbonk.com is a coin issuance platform launched with the support of the Bonk community and Raydium. Part of the fees are used to support the Solana network using BonkSol (BONKsol) validators, and some are used to purchase Bonk.

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