Let's talk about the people behind Bonk, who has quadrupled in the last three days The $GP (@GraphiteProto) has nearly quadrupled in the last three days, from 12m to 40m, which is closely related to the growing prosperity of the Bonk launch platform. GP @GraphiteProto is the technical team behind @bonk_fun. Their main previous products are the copy bot @parallel_bot, the NFT launch platform Taiyo launchpad, and the token launch platform @LiveBonk Recently, the daily trading volume of Bonk is approaching 100M, and the daily transaction fee is 300k+. 50% of them will be used to buy back and burn $BONK, and 7.6% will be used to buy back $GP. The repurchased $GP will be used to burn and provide AMM liquidity. The part used to buy $GP has been around 150SOL - 200SOL per day (22K - 30K USD) in recent days $GP's emissions are now mainly staked by @TaiyoRobotics and staked by $GP own stake. Based on the market cap of $GP 40M, staking will yield about 18k USD per day. If the popularity of bonk can continue, $GP will remain in a deflationary position @GraphiteProto The wallet address for the buyback is QPKJCvwZNMLnShg6nrEnVPt32u9j5Psdufy2cBoiSi1. The most recent buyback was a DCA order that was placed two days ago and bought a total of 316sol ($50k usd) for seven days. More than $1M of $GP has been accumulated in the wallet. Recently, bonk's hackathon is also coming to an end, and I look forward to this wave of AI/MEME blossoming to surprise (scare) pump ido. Just as I was about to tweet, I saw Bonk and Pump start fighting again$memecoin 😹
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