BonkGuy denies insider trading, says MEME buys averaged $45 million market cap

  • BonkGuy rejected insider-trading allegations and said he accumulated MEME over several days.
  • $45 million was MEME's average entry market cap, with more than $500,000 invested.
  • BonkGuy's FOMO portfolio reached about $28 million late last week.

BonkGuy rejected allegations of insider trading, saying he accumulated the MEME meme coin over several days rather than buying before its rise. His average entry market capitalization was about $45 million, with total investment exceeding $500,000. He said he initially missed MEME below a $10 million market cap before watching it surge to $150 million within hours, prompting his view that it could become one of the cycle's leading meme coins. BonkGuy identified the emerging meme/stock narrative as MEME's main potential, citing related tokens that reached $320 million on Robinhood Chain, $260 million on BNB Chain and $220 million on Solana. He said the theme remains early and is drawing real-world asset (RWA) enthusiasts, retail traders and traditional-finance followers into the meme coin market. He also placed MEME at the center of a discussion between Robinhood founder Vlad Tenev and the AMC CEO over the legality of meme/stock tokens. BonkGuy said recognition could propel MEME toward a market capitalization of several billion dollars, while rejection could damage the wider narrative. He added that Robinhood helped DOGE reach about $88 billion in the previous cycle and introduced many retail users to meme coins. His FOMO portfolio reached about $28 million late last week, making the account the first on the platform to exceed eight figures in assets in under four months; he said its seven-day, 30-day and cumulative PNL each exceeded the second-place account by more than two times.

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BonkGuy denies insider trading, says MEME buys averaged $45 million market cap - CoinPost Terminal