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Bonk (BONK) — Onchain News & Whale Tracking

Real-time Bonk whale movements, exchange flows and onchain findings tracked by Lookonchain. 126 updates and counting.

2026.09.04 14:19

Bonk Guy compares USELESS to PEPE from the last crypto cycle, hinting it could later stage a super rally to reach a multi-billion dollar market cap.

Trader Bonk Guy (Unipcs) posted that Solana ecosystem meme token USELESS has recorded $167 million in 24-hour spot trading volume, with perpetual contract volume surging to $1.87 billion. Open interest in perpetual contracts on Binance alone stands at $32 million, a scale that outpaces many blue-chip meme coins with far higher market caps. Additionally, its spot volume, perpetual volume, open interest, and holder count have all hit all-time highs, with around 9,000 new holders added in the past week — all metrics typical of a bull market peak. Critically, these figures emerged before the broader market has fully embraced risk-on sentiment or the official start of the bull run, a detail many have overlooked. In the last cycle, PEPE also saw a sharp surge in volume, leverage, holders, and attention long before the broader meme coin market exploded, later rallying to a multi-billion-dollar market cap and driving the entire meme season. I truly believe USELESS will follow a similar path: if it already posts bull-market-level data before the bull run accelerates, imagine what will happen when the overall market picks up. Many will likely regret not positioning early when the signal was so clear, as most are unprepared for the upcoming rally. Per GMGN data, Solana meme token USELESS rose another 57% in the past 24 hours, pushing its market cap to $227 million. Notably, Bonk Guy himself holds 15.9 million USELESS tokens. BlockBeats reminds users that meme coins generally have no real use cases, are highly volatile, and require caution when investing.

2026.06.30 20:01

Ansem responds to creator token controversy: Won't rug pull, cites Dogecoin and BONK to illustrate his philosophy

Crypto KOL Ansem has responded to the controversy surrounding the recent "creator token" trend. He admitted he was previously cautious about celebrities issuing tokens because he mistakenly assumed they would share his moral standards and wouldn’t "rug pull" for millions of dollars. "That assumption was wrong, but I won’t make the same mistake again," he said, stressing he is not a celebrity and has no plans to rug pull. Ansem noted he believes there is a mutually beneficial way to issue tokens: attract new users to the crypto industry, let people participate via tradable assets, provide liquidity for veteran crypto traders at the bear market bottom, and then channel the resulting attention to truly meaningful projects and teams in the space. He cited Dogecoin and BONK as examples: Dogecoin, which started from zero, still boasts a $11 billion market cap today and was a major user acquisition milestone for crypto; BONK revived the Solana ecosystem at the lowest point after the FTX collapse and airdropped tokens to core developers and teams. Ansem also disclosed he entered the crypto space in 2017, quit his software engineering job in 2021 to focus fully on crypto, and now co-founded trading app Bullpen.fi and hosts a podcast. He emphasized this is the first project he has led, where he controls the majority of token supply; multiple "degen coins" he previously supported were "dumped" after anonymous teams hoarded tokens in advance and hyped them using his influence.

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