Hey there, meme coin enthusiasts! If you’ve been keeping an eye on the Solana ecosystem, you might have stumbled across a fascinating thread on X that’s got everyone buzzing. On July 5, 2025, user Connorr° (@SerConnorr) dropped a gem by highlighting a detailed analysis from Zinc (@zinceth) about why $GP could be the most undervalued token out there. Let’s dive into this exciting discussion and break it down for you!
The Buzz Around $GP
So, what’s the big deal with $GP? According to Zinc’s thread, $GP is the backbone of the $BONK ecosystem, particularly tied to the LetsBonk platform. With a circulating market cap of just $25 million, it’s getting 7.5% of $BONK’s revenue—compared to $BONK’s 50% fee allocation at a $1.4 billion market cap. This means $GP’s value could be mathematically 8.4 times more impactful per fee dollar than $BONK. Pretty wild, right?
Connorr° echoes this sentiment, calling it a “great thread” and emphasizing its potential with a big “Higher” and “VERY IMPORTANT” tag. This isn’t just hype—it’s a signal that savvy investors might be onto something big.
Why $GP Stands Out
One of the juiciest points from the thread is the involvement of big players. Zinc mentions that funds and whales are eyeing a $10 million injection into $GP, which is massive considering the token’s current liquidity. A $10 million buy-in on a $25 million coin could send its value soaring—think multiples of growth! Plus, $GP owns 40% of LetsBonk, a platform building custom tech and smart contracts, giving it a steady revenue stream.
Compare this to Pump.fun, which is gearing up for a $1 billion token sale at a $4 billion valuation. Zinc argues that even if Pump.fun allocates 50% of its fees to buybacks (which seems optimistic), $GP’s buybacks could still be 8.5 times more impactful due to its lower market cap. And with $BONK gaining market share while Pump.fun’s influence might be waning, $GP looks like a sleeper hit.
Missed Opportunities and Future Bets
Zinc also points out that if you missed out on tokens like #USELESS, $HOSICO, or $IKUN, $GP might be your next chance to jump on a rising star. Since these other coins’ success boosts the $BONK ecosystem, $GP stands to benefit more than most. Connorr°’s endorsement adds weight, suggesting that betting on $GP is like betting on the whole Solana meme coin wave.
What This Means for You
If you’re a blockchain practitioner or just a meme token fan, this is a golden opportunity to dig deeper. The thread hints at a potential undervaluation that could lead to significant gains, especially with whale interest and ecosystem growth. Keep an eye on SolportTom (@SolportTom), who’s been vocal about $GP’s potential, as his insights could guide the next move.
Final Thoughts
The X conversation around $GP is heating up, and for good reason. With its low market cap, strong ties to $BONK, and whale interest, it might just be the undervalued gem you’ve been looking for. Whether you’re a seasoned crypto investor or a newbie, now’s the time to research and maybe even dip your toes into this exciting token. What do you think—ready to ride the $GP wave?
Stay tuned to meme-insider.com for more updates on meme tokens and blockchain trends. Got questions? Drop them in the comments—we’d love to hear your take!