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Reading: LetsBONK Implements Weekly Buybacks to Reignite Market Interest
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Latest cryptocurrency news > ALTCOIN > LetsBONK Implements Weekly Buybacks to Reignite Market Interest
ALTCOIN

LetsBONK Implements Weekly Buybacks to Reignite Market Interest

BH NEWS
Last updated: 24 July 2025 09:38
BH NEWS 4 months ago
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In a bid to fortify its market presence, memecoin launchpad LetsBONK has initiated a fresh strategic direction. Announced on July 23, 2025, the platform intends to reallocate 1% of its total revenue towards systematic buybacks within the BONK ecosystem on Solana, particularly targeting leading altcoin pairs. This initiative is designed to create a weekly purchasing force of approximately $15,000, effectively funneling funds from the company’s marketing reserves. Tom, the visionary behind LetsBONK, emphasized that these buybacks will take place on a weekly basis, addressing all high-volume pairs. The newly launched coins on the platform have collectively achieved a market cap exceeding $1 billion.

Contents
What Role Does Surplus Revenue Play?What Are the Impacts on the BONK Ecosystem?

What Role Does Surplus Revenue Play?

LetsBONK’s novel approach involves channeling a portion of its earnings into the spot market every week, with a focus on the highest volume pairs. The first priority is the Useless coin, currently valued at $312 million. Should the daily commission maintain its $1.5 million rate, the weekly buyback fund could see significant growth.

Opting to redistribute advertising resources towards direct purchases reflects a strategic aim for price stabilization. This move is intended to strengthen liquidity, allowing organic growth to sustain visibility. Experts suggest this consistent buying behavior could expedite the introduction of new projects to the BONK ecosystem, countering short-term selling pressures.

What Are the Impacts on the BONK Ecosystem?

The cumulative market capitalization of altcoins developed through LetsBONK has impressively surpassed the $1 billion mark. While the Useless coin dominates, ANI, linked to Musk’s xAI project, is emerging rapidly. Anticipated weekly liquidity boosts are projected to stimulate notable volume increases in medium-sized projects.

On another note, the Pump platform presents a strong challenge. By launching the new PUMP coin, Pump attributes revenue sharing to Blockchain governance, transitioning dormant projects to community management via a “community takeover” model. Investors are attracted to the equilibrium between transparency and returns, with the buyback policy potentially consolidating LetsBONK’s user loyalty.

Key takeaways from these developments include:

  • LetsBONK reallocates 1% revenue for weekly buybacks.
  • Useless coin, valued at $312 million, is the initial target.
  • The strategy aims to improve liquidity and enhance price stability.
  • Potential growth in medium-sized projects due to increased liquidity.

LetsBONK’s tactical buyback decision signifies a proactive strategy to maintain market engagement and reinforce its position within the ever-evolving landscape of cryptocurrency platforms. This calculated move may well inspire similar tactics across the industry, fostering growth and innovation beyond its ecosystem.”

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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