Trader Bonk Guy said weak crypto sentiment has not eliminated isolated on-chain token gains, according to BlockBeats.
Recent token examples cited
The trader said about six tokens in the prior four months reached market caps from $100 million to more than $300 million, while dozens exceeded $10 million in fully diluted valuation. He cited PONS, ANSEM, CASHCAT, AI and STONK as tokens that each reached at least $300 million in FDV. He also compared current conditions with prior downturns and said the market was not at the worst historical level. These observations come from the trader and do not endorse the tokens or provide an independent market forecast.
Read the English BlockBeats flash (original Chinese: BlockBeats flash).