ChainCatcher report: Trader BonkGuy (@theunipcs) posted that he has invested over $500,000 in MEME at an average market cap of approximately $45 million and denied allegations of insider trading. BonkGuy stated that MEME sits at the core of the meme/stock narrative, a sector that has already spawned multiple high-market-cap projects—AI at $320 million, MARSCOIN at $260 million, and STONK at $220 million. Currently, Robinhood’s founder Vlad Tenev and AMC’s CEO are publicly debating the legitimacy of meme/stock tokens. BonkGuy believes that if regulatory developments ultimately benefit this sector, MEME could potentially reach a market cap of billions of dollars and is expected to eventually list on Robinhood. Possibly influenced by this, MEME briefly surged past $130 million and is currently trading at $122 million.
BonkGuy Denies Insider Trading, Predicts MEME Could Reach Billion-Dollar Valuation
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Meme coin news: BonkGuy denied insider trading allegations, revealing a $500,000 MEME investment at a $45 million market cap. He referenced on-chain activity from projects such as AI ($320M), MARSCOIN ($260M), and STONK ($220M). He noted that Robinhood’s Vlad Tenev and AMC’s CEO are debating the legality of meme and stock tokens. He views regulatory clarity as a catalyst for MEME to reach billion-dollar valuations and list on Robinhood. Following the remarks, MEME briefly peaked at $130 million and is currently at $122 million.
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