The BONK core contributor argued memecoins skipping ETF and public-company rails end up rinsing retail. BONK contributor Nom likened memecoin speculation to high-risk sports betting and argued that most projects lack the regulatory staying power needed to endure. BONK has pursued a bridge to traditional finance through a Nasdaq-listed holding company, a proposed 2x leveraged BONK ETF and public-company treasury allocations, testing whether a memecoin can gain lasting institutional footing. Laun…
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