New platform for issuing coinsLetsbonk.fun became popular again, and IKUN became the latest top star on the platform?

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ODAILY
05-12
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Original | Odaily Planet News (@OdailyChina

Author | Wenser (@wenser 2010

In the crypto market, price is king!

Letsbonk.fun is once again booming, and this time it's still driven by top platform projects Hosico and Useless. Unlike previous platform-specific meme coins like LetsBonk, this time numerous Chinese-themed meme coins with cultural references have emerged, such as WuKong, Elon Alter Ego, Lucky Dog, etc. Among them, the most popular is the long-standing IKUN meme coin related to the celebrity Cai Xukun. Odaily Planet News will provide a brief overview of representative projects on the Letsbonk.fun platform.

Hosico: Platform's Animal Meme Dragon One

Based on an adorable cat with 1.8 million Instagram followers, Hosico is a Ghibli AI-style meme coin issued on the Letsbonk.fun platform.

According to GMGN platform information, Hosico token details are as follows—

CA: 9wK8yN6iz1ie5kEJkvZCTxyN1x5sTdNfx8yeMY8Ebonk

Price: $0.054

Market Cap: Currently reported at $54 million; peaked at $60 million.

Token Information

Useless: Platform's Latest Dragon Two

Gaining attention from platform founder @Solporttom due to platform-famous KOL @theunipcs (Bonkguy) shilling support, it emphasizes "uselessness is the essence of meme". According to GMGN platform information, Useless token details are as follows—

CA: Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk

Price: $0.026

Market Cap: Currently reported at $26.4 million; peaked at $34 million.

Token Information

IKUN: Interaction Focus of Chinese Community and Bonkguy

IKUN, a representative meme project named after Cai Xukun's fan group, gained attention from domestic and international meme coin communities through promotion by platform-famous KOL @theunipcs (Bonkguy) and Chinese community bloggers. According to GMGN platform information, IKUN token details are as follows—

CA: AtortPA9SVbkKmdzu5zg4jxgkR4howvPshorA9jYbonk

Price: $0.0066

Market Cap: Currently reported at $6.6 million; peak market cap around $9.4 million.

Token Information

Besides these 3 representative platform projects, Letsbonk.fun platform features various quirky Chinese-themed meme coins, including mascot concept tokens like "Bing Dun Dun" and "Snow Melt Melt", which bring a sense of amusement just by looking at their project logos.

Additionally, Letsbonk.fun platform recently launched token issuance incentive programs with ecosystem projects, such as the $10,000 incentive plan with BonkAI, and a $5,000 incentive plan for each of 5 categories including TikTok trends, viral videos, utility/tech tokens, and viral news.

Backed by Solana ecosystem's top meme coin project BONK and top DEX Raydium, whether Letsbonk.fun can go further still depends on support beyond short-term emotional hype.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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