Bonk Guy has responded to allegations that his refusal to sell indicates market maker or fund manipulation, stating instead that he maintains long-term positions based on valuation targets. He explained that his holding strategy is driven by the belief that PONS and USELESS have not yet reached their potential, noting current market capitalizations of approximately $400 million and $270 million respectively.
Citing previous cycle benchmarks where strong meme coins achieved valuations between $4 billion and $5 billion, Bonk Guy indicated he expects similar or greater performance in the current market cycle. He emphasized that his decision to hold stems from a different investment timeframe rather than artificial price support, as neither asset has approached the $1 billion threshold he considers a baseline for high-conviction plays.
Bonk Guy Addresses Market Manipulation Claims, Cites $1B Valuation Targets for PONS and USELESS
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