Sized into $GP @GraphiteProto Thesis: Seeing a few people bidding launchcoin as a pumpfun beta for their TGE since launchcoin is only $140m fdv and pumpfun will be at $4bn, when the real trade is a token that owns 40% of with 7% of bonkfun revenue buying back and burning the token. - has been increasing in mindshare and over took pumpfun in volume yesterday - One of the main characters on CT @theunipcs is all in on bonk eco with useless, don't see him losing mindshare or relevance any time soon, which means will continue to dominate mindshare on CT - Loyal holders and community around bonk. Has been around a long time, longer than launchcoin and has deeper connections within the Solana ecosystem - There isn't a token for the platform, the only "platform" token is $GP and its at $50m FDV. - Pumpfun TGE will cause traders to also look at undervalued launchpad tokens, right now everyone's focus seems to be on launchcoin when it should be on $GP imo. - GP is in a win win situation re the pump tge. If pump does well, traders will compare bonkfun to pumpfun and try and find a way to invest in the launchpad. If pump doesn't do well, CT will say bonk is better and theres a reason why it has been gaining mindshare and volume and try and find a way to invest in the launchpad. Probably the easiest 3-5x (maybe higher, who knows) trade I have seen in a while. Also, you should follow @megastuffs, he has been sharing his thesis on $GP on the TL for a while now. (Liquidity is all over the place so act accordingly/use aggregators and DCA tools.)