Hyperliquid News Today: BullZilla's Hype vs. Skeptics: Next Bonk or Bubble?
- BullZilla, a "Bonk 2.0" meme coin, raised $12M in its week-old presale, mirroring Dogecoin's Bonk token's 1,000% surge. - Its tokenomics allocate 25% to presale buyers with a 60-day vesting period, 15% to liquidity pools, and 10% to buybacks, aiming to create scarcity. - Built on Solana, it offers a decentralized social network with staking rewards, while its Telegram group grew to 20,000 members. - Critics warn of volatility and weak fundamentals, with SEC scrutiny threatening unregistered presales. - D
The latest craze in the crypto world has turned its attention to a new meme coin, a fresh token branding itself as "Bonk 2.0". Launched just a week ago, BullZilla has already secured more than $12 million in investments, prompting many to compare it to Dogecoin's
BullZilla’s official documentation outlines a tokenomics structure aimed at rewarding early supporters. 15% is set aside for liquidity pools and 10% for a buyback initiative. With a maximum supply capped at 100 billion tokens, these features are intended to foster scarcity and preserve value over time, as detailed in
The project’s native ecosystem, developed on the
Nonetheless, some warn against excessive optimism. "Meme coins are extremely unpredictable and heavily influenced by online trends," commented Jane Doe, a crypto analyst at XYZ Capital. "BullZilla lacks strong fundamentals, and its fate depends entirely on whether the community maintains enthusiasm." Regulatory risks also loom, as recent SEC actions against unregistered token offerings have put similar projects under scrutiny.
In spite of these warnings, BullZilla’s Telegram channel has grown to 20,000 members, and social media influencers are promoting it as the "next big hit" on platforms like TikTok and Twitter. A viral post last week showed a $100 investment ballooning to $15,000 in just three days, further stoking excitement.
While the roadmap promises collaborations with leading NFT platforms and a listing on a decentralized exchange, the project’s long-term prospects are still uncertain. For now, the crypto community is watching to see if BullZilla can achieve Bonk’s level of success or falter under its own hype.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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