good read, $baobao narrative is fucking crazy
When a coin with a narrative like $baobao comes along, everyone should pay attention.
tldr; BaoBao is @bonk_inu’s little brother, with the coin launched on @bonk_fun, and is actively supported by @SolportTom.
But it's more than just a BonkFun coin:
First of all, it’s not a bundled launch and no big KOL has received insider info of this coin going to be launched.
It was a dead coin that got CTO’d and received attention yesterday because of a post the team did on their instagram.
This CTO is one of the best I’ve seen tbh, with good content and they even hired an artist within a day that has been making cute art.
(almost seems like this is pushed from within Bonk, with the speed they been doing everything, and with how on-brand the art and everything is)
But the thing that makes $baobao different from other coins, is the fact that BaoBao is a big part of Bonk’s ecosystem.
They tweeted this yesterday, literally a small moment after $baobao got attention:
I'm sure this is about expanding beyond just being a tradingbot and launchpad. They want to expand into web2 and through different products in the crypto space, and build out their brand.
What's funny is that the IP: "BaoBao", is what they've been using for that up until now:
> Bonk's merch website is
> They made a whole tv series on youtube about BaoBao:
> They've done a "BaoBao Charity Fashion Show"
> They started posting gifs recently on Instagram and introduced BaoBao as (probably) one of the main characters in the upcoming gifs.
I think they wanna go hard on growing BaoBao's IP, like Pudgy Penguins did. So going hard on gifs and plushy's/toys.
And they'll probably do some other sick things we've never seen before. The Bonk team is one of the best teams in the space, so confident they will do this right.
With support from the Bonk team, and Bonk building on expanding BaoBao's IP, I'm very bullish on this coin and think it's super undervalued at 3M.
Especially now that we've seen the ceiling for Bonkfun coins grow higher and higher.
And those coins are useless, so imagine a coin of the character they will be pushing everywhere in and beyond web3.
@theunipcs I know you're building a position;)
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