64-Year-Old 'Diamond Hands' Bonkguy Tops Fomo Rankings, Is He Really a Senior Man?

Original Title: "64-Year-Old Man Tops Fomo Rankings, The Meme Legend of 'Diamond Hands' Bonkguy"
Original Author: Wenser, Odaily Planet Daily

Recently, crypto KOL Rune revealed that the best-performing trader on the fomo platform, Bonkguy (username @theunipcs), is 64 years old. Although Rune's credibility has been reset to zero due to the previous FAMI/JINQIAN meme coin controversy, this intriguing revelation has labeled Bonkguy, the best hunter in this round of meme coin market, with tags like "64-Year-Old Man Battling on the Meme Front" and "Old Man Playing with Youngsters," making him a hot topic.

What sets Bonkguy apart from those traders who were keen on shouting orders and encouraging paper hands during the last meme craze is perhaps his "diamond hands" attribute. This article will outline his on-chain holdings, attempting to restore how this trader, who frequently reaps high returns, climbed to the top of the fomo platform's trader rankings step by step.

Overview of Bonkguy's Current Holdings on the Fomo Platform: PONS, USELESS, and Marscoin in the Top Three

According to information from the on-chain data tracking platform Arkham, Bonkguy's main holdings on the fomo platform include the following meme coins:

· PONS, holding nearly 10.96 million coins, valued at 6.8 million USD;

· USELESS, holding over 15.905 million coins, valued at 3.91 million USD;

· Marscoin, holding nearly 25 million coins, valued at 3.14 million USD;

· Microduck, holding over 11.63 million coins, valued at nearly 350,000 USD;

· BOW, holding over 25.5 million coins, valued at over 250,000 USD;

· He also holds various Robinhood on-chain meme coins and BSC on-chain meme coins like MemeStock, Pair, Niu Lai, YOLO, DTF, RAM, JUGGERNAUT, HOODRAT, totaling several hundred thousand USD in value.

In addition, Bonkguy frequently makes high-profile calls on his meme coin holdings, with USELESS being called out for over a year—his optimism for USELESS even surpasses that during the low trading of BONK in 2023, believing that last year's market cap increase from 4 million USD to 450 million USD was merely a "test rise." Recently, Bonkguy has shown great interest in the BSC on-chain meme coin Marscoin, stating it is "one of the most noteworthy meme coins on this round of BNB Chain, with the next target possibly being a spot listing on Binance."

Of course, the recent major profits still come from meme coins on the Robinhood chain.

Meme Coins on the Robinhood Chain Entering a 'Second Spring' of Trading

On August 31, Bonkguy announced that his cumulative profit and loss (PNL) from spot trading had exceeded 10 million USD, with profits exceeding 2.3 million USD in the last 24 hours and over 5.7 million USD in the last 30 days.

He stated that his recent major profitable trades include PONS, DELTA, Microduck, MARSCOIN, and USELESS. Among them,

· PONS has increased by about 6000% based on the average entry price, with an increase of about 9100% from the initial entry price;

· DELTA has increased by about 1500%;

· Microduck has increased by about 610%;

· MARSCOIN has increased by about 35%;

· USELESS has increased by about 18%, and he stated that "it will soon rise again."

Additionally, Bonkguy mentioned that he has conducted over ten new trades in the past month, currently boasting a win rate of over 80%. Notably, he invested only about 67,000 USD in PONS, achieving nearly 100-fold returns. In recent days, as PONS once again broke new highs and the Robinhood chain market heated up, Bonkguy's overall holdings on the fomo platform first broke through 15 million USD, reaching 15.74 million USD, ranking first on the 'fomo platform profit list.'

Bonkguy's Journey: From BONK to A8, Multiple Million-Dollar Gains, Lost Half on 10·11 but Made a Comeback

Bonkguy's success today is certainly not achieved overnight. Looking back at his journey is equally poignant.

On September 1, Bonkguy reflected on his past meme coin trading experiences, stating that in 2023, he once used a principal of 16,000 USD to trade BONK with 6x leverage, ultimately increasing his position to over 20 million USD; thereafter, he began his "meme coin legendary wealth-building journey":

· Turning a 6,000 USD WIF position into about 1.4 million USD,

· With FARTCOIN, investing about 300,000 USD, ultimately achieving a position value of over 8 million USD;

· With investments of several tens of thousands of USD in POPCAT, PNUT, etc., earning over 1 million USD;

· Subsequently, he also achieved results such as "thousands of dollars to tens of thousands of dollars investments yielding 5 million to even 10 million USD returns" through opportunities like MAGA, DOGEGOV, and the Roaring Kitty meta.

However, Bonkguy also stated that most of the profits gained from the above trades were ultimately lost during last year's '10·11 historical crash.'

In this round of meme coin market on the Robinhood chain, despite the impressive profits, Bonkguy has not been invincible, nor is he obsessed with strictly adhering to his "diamond hands principle"; he will also cut losses at appropriate times, such as with JINQIAN.

Yesterday, BonkGuy finally liquidated his meme coin JINQIAN position. He had previously invested about 147,600 USD in three batches, with an average purchase market value of about 2,965,800 USD, and subsequently sold it for about 583,900 USD, ultimately incurring a loss of about 118,700 USD, with a loss rate of 80.42%. Bonkguy later stated, "Sometimes you just have to accept losses." For meme coins with no community foundation, meme attributes, and hot attention, sometimes admitting defeat and exiting is a better choice.

Of course, the above is only Bonkguy's on-chain holdings and trading information. Previously, he also transferred part of his holdings to CEX and indicated that for security and to reduce "wallet monitoring" considerations, the public wallet is only part of the trading tools, with other wallet monitoring information showing that his total cryptocurrency holdings are valued at approximately 15.22 million USD.

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