Crypto trader Bonk Guy said SI has shown notable resilience during the recent market decline, arguing that the token has started to form a bottom and is now moving into a consolidation phase. In his post, he pointed to several data points and narratives he believes are supporting the project.
According to Bonk Guy, SI surpassed 60,000 holder addresses within its first week of trading, including 30,000 new holder addresses added in a single day. He described it as the first meme project in more than a year to reach that pace. He also said SI kept daily trading volume in the $15 million to $20 million range despite the broader market pullback.
Bonk Guy also cited SI’s tokenized NVDA reward mechanism and said that, as one of the token’s largest holders, he received rewards worth a five-figure dollar amount within one week. He added that discussions involving Trump and several figures from the technology sector around AI and SI’s brand transition, along with competition among communities and participants around SI, have helped lift market attention. He also noted that SI is already listed on centralized exchanges including Crypto.com and Gate, with more platform support possibly ahead. BlockBeats added a risk note, saying meme coins are highly volatile and often depend on sentiment and thematic speculation rather than real value or use cases.
Crypto trader Bonk Guy said on Oct. 3 that SI has remained relatively resilient during the recent market decline, adding that the token’s price action appears to have formed a bottom and entered a consolidation phase.
Bonk Guy points to holder growth and trading volume
In his post, Bonk Guy said SI passed 60,000 holder addresses within one week of launch. Of that total, 30,000 holder addresses were added in a single day, which he described as the first meme project in more than a year to reach that speed.
He also said SI kept daily trading volume between $15 million and $20 million even after the market pullback.
Rewards and attention around the project
Bonk Guy said SI includes a tokenized NVDA reward mechanism. He added that, as one of the largest holders, he received rewards worth a five-figure dollar amount within one week.
He also pointed to discussions involving Trump and several people from the technology sector around AI and SI’s brand transition. Competition among other communities and participants around SI, he said, has also increased market attention on the project.
Listings on Crypto.com and Gate
Bonk Guy said SI has already been listed on centralized exchanges including Crypto.com and Gate, and that more platform support may follow.
He added that centralized exchanges usually do not list meme coins too early unless they see strong growth potential. Based on SI’s holder base, trading volume, market attention, reward mechanism, and exchange expansion, he said the project could become one of the larger meme tokens in the current cycle.
BlockBeats noted that meme coin trading is highly volatile, often driven by sentiment and thematic hype, and said investors should be aware of the risks.
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