Odaily News LetsBONK announced that it will use 1% of its total revenue to repurchase the top tokens within the BONK ecosystem. The relevant funds will come from the team marketing fund, and the repurchase operation will be carried out on a weekly basis.
Data shows that LetsBONK generated about $1.5 million in handling fees in the past 24 hours, and will provide $15,000 for this round of repurchases in proportion. Recently, LetsBONK has surpassed its competitor Pump.fun in terms of daily trading volume and number of tokens issued. Dune data shows that the total market value of tokens issued on its platform has exceeded $1 billion. Among them, Useless Coin is the largest token, followed by ANI, which represents the Grok AI companion token launched by xAI. (The Block)