Galaxy Digital just made a move that’s turning heads. Moments ago, they transferred $11.4 million worth of $BONK to Binance. On-chain watchers are already buzzing—it smells like a sell-off. Galaxy had scooped up roughly $30 million in $BONK just days ago, on July 18. After this transfer, they’re still holding about $18.6 million, but the sudden shift raises questions. REPORT: For the second week in a row, @bonk_fun continues to outperform all other memecoin launchpads combined, including @pumpdotfun , in weekly revenue, token launches, trading volume, and token graduations. pic.twitter.com/HtFPpFQRXY — SolanaFloor (@SolanaFloor) July 21, 2025 Profit-taking? Possibly. Position rebalancing? Maybe. But while Galaxy makes headlines, BonkFun continues to make history. BonkFun Isn’t Slowing Down, It’s Speeding Up For the second week straight, BonkFun has outpaced every other memecoin launchpad—combined. That includes former market leader Pump.fun. BonkFun now leads in: Weekly revenue Token launches Trading volume Token graduations It’s not even close. In just the last 15 days, BonkFun has raked in an average of $1.29 million in daily fees , totaling a massive $19.3 million. But here’s what makes it different: 58% of those fees go straight into buying $BONK. That means $11+ million in buybacks in half a month. Most of that $BONK doesn’t stick around—it gets burned. If the pace holds, BonkFun could torch $22 million in $BONK per month. That’s not marketing fluff. That’s mechanical deflation. i keep hammering that $BONK is the $HYPE trade re-run BonkFun has generated an average of $1.29 million in daily fees over the last 15 days that's $19.3 million in fees in just 15 days 58% of that going towards buying $BONK means eight figures of buybacks in half a month i.e.… https://t.co/vV5PCdsJQT pic.twitter.com/MpiFKzHoCe — Unipcs (aka 'Bonk Guy') (@theunipcs) July 21, 2025 The Flywheel Is Real BonkFun’s model is tight—efficient and relentless. New memecoins launch on the platform. Traders jump in quickly, generating a surge of activity. As trading heats up, the platform earns fees. A significant portion of those fees is used to buy $BONK. The purchased tokens are then burned, reducing supply. As a result, price pressure begins to build. And then it starts all over again. This isn’t just a trend—it’s a flywheel gaining momentum by the day. Just three days ago, BonkFun recorded its highest-ever market share in launchpad activity: 81.72%. That means four out of every five memecoin launches happened on BonkFun in a single day. The rest of the field? Struggling to keep up. Pump.fun’s reign looks over. Fee growth isn’t just steady—it’s steep. Success rates for launched tokens are the best in the sector. Community retention is higher than any rival. And this isn’t just whales playing games—retail is flowing in, too. BonkFun graduates aren’t vaporware. Many tokens are showing real volume post-launch, with some building vibrant ecosystems of their own. Galaxy’s Move: Exit or Strategy? So, what about Galaxy’s $BONK transfer? It might just be profit-taking. They entered early. They’re still holding plenty. But even as they move tokens, BonkFun’s internal engine keeps revving. Every fee cycle fuels a buyback. Every burn reduces supply. Every new launch pulls in fresh capital. That’s a fundamentals-backed feedback loop—a rarity in memecoin land. BonkFun isn’t a flash in the pan. It’s rewriting how memecoins launch on Solana—and maybe even beyond. It has real revenue. It runs on constant buy-and-burn mechanics. Its market share is exploding. And its community support keeps deepening. So while Galaxy Digital might be cashing in a few chips, BonkFun is busy building the table itself. Memecoin FOMO may come and go. But BonkFun? It’s building the next meta. And $BONK is steering the ship. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
