Commence the rotation. ETH to $140k.
Another day, another update. Closed my $BONK long for profit. Revenues for @bonk_fun are declining and back to pre- $PUMP tge levels ($639k yesterday) while @pumpdotfun revenues are at their lowest level in 9 months ($264k). Notably, both launchpads are seeing declining revenue + volume in the past week suggesting $SOL meme mindshare is waning for now in favor of utility tokens and majors. Will continue to track. As always, analytics can be publicly verified at @DefiLlama.
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