Solana+WLFI Bonk it's time for the third reversal.

Author: K2 Kai; Source: X, @kaikaibtc

In July of this year, I wrote a lengthy article about the past and present of Bonk. At that time, BonkFun had surpassed Pumpfun in market share, the entire market had high expectations for Bonk, not only because of the long-term harm caused by pumps, but also because $Bonk itself is a narrative of counterattacks, a struggle between community and capital.

It is well known that $Bonk has had two reversals:

The first time was #FTX 爆雷时，#Bonk representing Solana developers challenging capital, marking the highlight moment of solmeme;

The second time was during the Pump bloodsucking, where Bonk led numerous PVP players back to the community-centric meme culture, Wangchai, useless coins, Hosico, creating a series of interesting and content-rich narratives, which at one point occupied a large part of Sol's market.

Everyone should know the story behind this. A multitude of funds for BONK has been pouring in, with new platforms like bags, 777, and others continuously emerging. Various asset launch platforms are going live, seizing the already scarce market share. Moreover, as market attention shifts to the secondary market, the wealth creation wave of sol begins to recede, and the popularity of BONK gradually declines. However, I have been keeping an eye on the development of Bonk.

Recently, TOM enthusiastically shouted "Make memes great again", and BONKFun partnered with WLFI to launch a creator incentive event. One of his recent tweets was also about "memes"; when you think about it, it's quite interesting.

The heavily criticized Pump frenzy continues, with dozens of live sessions every day. The detestable Bags are still not completely dead, but no one is playing anymore. There's even less to say about the social launchpads, with the constant need for proof, proof, and more proof.

Bonk, which originated from MEME, has ultimately returned to MEME itself.

What people truly love is the meme itself, or the hormonal pleasure of trading memes.

Back to the point, the next may be the third reversal of BONK.

Solana has become the largest hub for cryptocurrency liquidity, with daily trading volumes exceeding the total of all capital markets. The main focus of capital will still be on Solana, whether in primary or secondary markets.

The incentive event organized by WLFI in collaboration with @bonk_fun and @RaydiumProtocol can have a certain stimulating effect on traders: traders can receive up to 60% in fee rebates, creators can receive up to 15% in fee rebates, and traders can receive cash back of 60%, with rewards available for collection every 24 hours.

The power of the MEME community itself. Bonk has come a long way, every turnaround is inseparable from the enthusiasm and creativity of the community—whether it is the carnival of meme culture or the participation of creators, both are driving Bonk's continuous rebirth.

When the narratives in the market are overplayed, and investors no longer buy into emotions, the sincere communities willing to spend to pump the price will still become the focus of the market — this is the key to truly enabling BONK to achieve its third reversal.

Finally, make memes great again.