(@bonk_fun by @bonk_inu) doesn’t need to “win” to be meaningful. Its presence alone as a peer to @pumpdotfun in the memecoin launchpad space is already hugely valuable—and that’s why I fully support it. I don’t care which project the Solana OGs are backing, nor do I want to know. That’s not my concern. What matters is that @bonk_fun 's emergence breaks the monopoly narrative. Without it, we’d all be blindly accepting @pumpdotfun's $4B FDV as gospel, with no real comp in sight. Many, including myself, might’ve believed that valuation was justified—because there was nothing else to challenge it. But @bonk_fun changed that. While $BONK currently sits at a $2B FDV—half of $PUMP's FDV—@bonk_fun is already surpassing @pumpdotfun in launchpad market share. That forces a new set of questions for the market: Is @pumpdotfun overvalued? Was @HyperliquidX ever a valid comp? If @bonk_fun is already leading but valued lower, something doesn’t add up. Yes, @bonk_fun has only been #1 for a few days(two days I believe), and yes, FDV comparisons this early may be premature. But the very fact that we can start comparing is the real value. If @bonk_fun keeps this up, either 1) $BONK’s FDV will rise, or 2) $PUMP’s will drop. Either way, the pricing power shifts. What makes $BONK especially interesting is its clear buyback model—giving users a framework for valuation. $PUMP still lacks that transparency. In the end, price is information. @bonk_fun didn’t just launch a product—it injected a market signal into a space that was dangerously close to echoing a single voice. Now, we decide.