Meme Insider
The Tweet That Started It All
On July 7, 2025, at 20:59 UTC, threadguy dropped a bombshell: “bonk has a $1.7bn mc. pump fun is launching at $4bn. is it really worth 2x the biggest launchpad in crypto?” Accompanied by a striking image of a character clutching stacks of cash with the caption “IF IT AIN’T ABOUT THE MONEY…”, the post quickly ignited a firestorm of reactions. Check out the original tweet here to see the vibe for yourself.
Who Are Bonk and Pump.Fun?
Before we dive into the valuation showdown, let’s get the players straight. Bonk is a Solana-based memecoin, often compared to Dogecoin or Shiba Inu, launched on Christmas 2022. It’s built “for the people, by the people,” with half its 100 trillion total supply airdropped to the Solana community. As of now, its market cap hovers around $1.7 billion (CoinMarketCap data), making it a heavyweight in the meme token world. Plus, it’s got a new platform that rivals Pump.Fun, featuring buybacks and token burns to boost value.
Pump.Fun, on the other hand, is a launchpad on Solana that lets anyone create memecoins instantly. Rumors are swirling about a $1 billion token sale at a $4 billion valuation, with a potential 10% airdrop for the community (Cointelegraph report). It’s been a game-changer for memecoin enthusiasts, but its utility and long-term value are still up in the air.
The Valuation Debate: 2x Worth It?
So, is Pump.Fun’s $4 billion valuation justified when Bonk sits at $1.7 billion? Let’s crunch some numbers and thoughts:
Market Cap Context: Bonk’s $1.7 billion reflects a proven track record, with a loyal community and recent moves like burning 1.69 trillion tokens to reduce supply (Altcoin Buzz). Pump.Fun’s $4 billion, however, is speculative, tied to a rumored launch and raise. That’s a 135% premium—pretty steep for a platform without a confirmed token utility.
Community Reactions: The X thread shows a split. Some, like @loffydotsol, are all in, suggesting “join the pumpfun ICO and enjoy summer with the profits.” Others, like @CryptoFvcker, say it’s “comfortably” worth it, while @0xLaxo leans toward shorting it, hinting at skepticism. The mixed bag shows the hype might be driving the price more than fundamentals.
Tech and Utility: Bonk’s Solana backbone uses Proof-of-History and Proof-of-Stake, offering high throughput (up to 50,000 TPS). Pump.Fun’s edge is its ease of token creation, but without a whitepaper or clear use case, it’s hard to justify doubling Bonk’s value. Bonk’s new platform even keeps fees within Solana, giving it a practical edge.
The Hype Factor
Memecoins thrive on hype, and Pump.Fun’s rumored $1 billion raise has the crypto Twitterverse buzzing. But as @Dyor_0x quips, “What’s the play behind this one?” The image in the tweet—cash flowing like a river—captures the money-driven frenzy. Yet, history warns us: memecoin valuations can crash as fast as they rise. Dogecoin’s 2021 surge is a classic example.
What’s Next for Investors?
As of 06:01 AM JST on July 8, 2025, the debate rages on. If you’re eyeing Pump.Fun’s launch, do your homework—check meme-insider.com for the latest updates. For Bonk fans, its recent innovations might signal steady growth. Either way, the crypto market’s volatility means it’s a high-stakes game. Are you betting on the hype or the fundamentals?
