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Crypto Daily
2025-06-07 18:05:19

Bonk & Trump Coin Tumble With Solana Meme Coins As Launchpad Pump.Fun Unveils $1B Token Sale

As meme coin allure fades, Solana meme coins BONK and Trump Coin (TRUMP) struggle to hold strong support zones. But with Pump.fun raising $1 billion to launch its own token, things might get heated once more. The resulting boom looks set to uplift both BONK and TRUMP, helping them overcome current travails. Does this make them the best coins to invest in? Let's find out. Pump.fun's token launch turbocharges Solana meme ecosystem Pump.fun transformed the Solana meme landscape by allowing users to create and deploy their own meme tokens at any time. No fundraising or research required. Launched a little over a year ago, it has made giant strides and is now taking things to a new level with a token launch. According to reports from Blockworks , Pump.fun's plan is to raise $1 billion at a fully diluted valuation (FDV) of $4 billion for its new token. This event would be open to public and private investors, and it has generated a lot of chatter around the crypto space. Industry watchers expect this to be a high-profile event that would inject life into an ailing meme coin market. Solana meme coins like BONK and TRUMP are also expected to benefit the most from the presale since Pump.fun caters majorly to this crypto niche. TRUMP struggles to hold onto key support level The Trump coin launched with much fanfare and aplomb in January. It pays homage to US President Donald Trump and spiked above $45 immediately after its launch. However, TRUMPsuffered a quick correction which saw the meme coin drop to $30. Trump coin price chart. Source: CoinGecko The following economic headwind created by tariff wars pushed TRUMP and other meme coins further down. Over the next months, TRUMP lost more ground and is now struggling to hold onto a key $10 support level. But given the controversies around TRUMP and the confusion around the official TRUMPwallet launch, it's unlikely that Trump coin will hold onto this support level. Meme coins rely on hype and positive sentiments to boom. Bad publicity like this often affects their prices negatively. BONK price prediction: Is there light at the end of the tunnel? Bonk coin has endured a torrid 2025, depreciating by over 70% as Solana meme coins felt the brunt of bearish market sentiments. Over the last couple of months, BONK's price appreciated steadfastly but hit a wall around $0.000025 and came tumbling down. BONK price chart over the last month. Source: CoinGecko Due to this weak performance, BONK price predictions aren't encouraging. This is in spite of BONK dropping a 'kill-to-earn' FPS game on Solana. Meme popularity has tanked and unless Pump.fun's token launch sparks renewed interest in this phenomenon, BONK is quite vulnerable to further drops. The bottom line - BONK or TRUMP? Although the future looks a little bleak for BONK and TRUMP, Pump.fun's momentum could turn things around for them. Both tokens are quite popular and only need a bit of positivity to return back to winning ways. The major drawback is that they are meme coins and have little to no utility. They have little control over their fortunes and are highly vulnerable to market forces. Extreme caution is recommended for those willing to take a bet on them– or better still, invest in trailblazing tokens with a real-world use case like Remittix (RTX) instead. Remittix focuses solely on transforming cross-border payments, touting an ingenious PayFiprotocol that allows anyone to send crypto as fiat, from wallets to traditional bank accounts worldwide. This is a groundbreaking feature, and that is why Remittix is heading to the top. Its presale is highly contested, with half a billion tokens sold already. Its entry price of $0.0781 is extremely affordable and simultaneously offers upsides as high as 50x for anyone who hops onto its bandwagon early enough. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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