LetsBONK has announced plans to allocate 1% of its total revenue to repurchase top tokens within the BONK ecosystem. This initiative will be funded by the team's marketing budget and executed weekly. In the past 24 hours, LetsBONK generated approximately $1.5 million in fees, translating to $15,000 earmarked for the current round of buybacks.
The platform has recently outperformed its competitor Pump.fun in both daily trading volume and token issuance. According to Dune data, the total market value of tokens issued on LetsBONK has surpassed $1 billion, with Useless Coin being the largest token, followed by ANI, the Grok AI companion token from xAI.
LetsBONK to Allocate 1% Revenue for Weekly Token Buybacks
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