Trader Bonk Guy said on Sept. 9 that MARSCOIN’s recent price action appears to be setting up a move by market makers to attract a large number of short sellers before triggering a sudden rally. In his view, the token’s trading pattern looks less like random weakness and more like a deliberate effort to create the conditions for a squeeze. He said that kind of move could end in a fast one-day surge of more than 100%. Bonk Guy also said he had intentionally avoided discussing MARSCOIN or expressing a public bullish view over the past few days. According to his post, that was meant to let market makers keep following what he described as the same script. He closed with a direct remark: 「Let them keep cooking.」 The comments were cited by BlockBeats in a Sept. 9 market flash update.

MARSCOIN, a BNB Chain-based equity token meme coin, saw its market cap halve from its all-time high and briefly dip below $130 million. The 24-hour decline stands at 22.34%, according to HTX market data.

PopDEX, a perpetual decentralized exchange (Perp DEX) targeting real traders, has achieved over $1.7 billion in trading volume and approximately $61 million in LP pool during its closed beta phase. The platform has completed three rounds of real cash rewards distribution, with the latest round featuring a single-address reward of up to 3,300 USDT. As the Robinhood Chain and BNB Chain meme sectors heat up, PopDEX has listed popular meme perpetuals including PONS, CASHCAT, and MARSCOIN, and launched the "Meme Gang War" trading competition offering additional reward pools beyond regular incentives.

HTX’s weekly performance table for Aug. 31 to Sept. 6 showed broad strength across several crypto sectors, with Layer 2, Solana ecosystem tokens, privacy coins, DeFi assets and BSC meme names all posting notable moves. ARB, the governance token of Arbitrum, led the exchange’s weekly gainers with a 111% rise, making it the strongest performer on the list and drawing renewed attention to Ethereum scaling infrastructure. RAY, the native token of Solana-based decentralized exchange Raydium, climbed 61%, reflecting continued activity in the Solana ecosystem and demand for DeFi protocols with active on-chain use cases. Privacy-focused tokens formed one of the clearest sector trends of the week. DASH rose 61%, while ZEC gained 37% and ZEN added 36%, putting three privacy-related assets on the leaderboard at the same time. HTX’s data also showed gains in established DeFi names, with UNI up 35% and JST up 18%. MARSCOIN, described in the source as a BSC meme asset, rose 37%, indicating that higher-beta segments remained active as market risk appetite improved. The original report said market attention had spread from a single narrative to multiple sub-sectors, with funds rotating between high-volatility themes such as meme and privacy tokens and infrastructure areas including L2, DeFi and public-chain ecosystems.

As meme coins corrected, crypto KOL Bonk Guy's portfolio dropped by over $6 million from its high, now at $21.08 million. Top holdings: 10.9M PONS ($8.209M, +12,023.33%), 24.9M MARSCOIN ($3.817M, +289.56%), and 15.8M USELESS ($3.591M, +314.14%), per Fomo data.

Meme coin momentum spread beyond Robinhood Chain over the past week, with new names on BNB Chain and Solana posting sharp market-cap moves and drawing heavy community attention. Odaily reviewed the tokens currently seeing strong discussion and market values above $10 million across the three ecosystems. On Robinhood Chain, CASHCAT, MEME and SHROOM remained in focus. CASHCAT, tied to Robinhood’s early "Cash Cat" name and boosted by social media interaction from Robinhood CEO Vlad Tenev, reached a market value above $320 million before pulling back to $190 million. MEME, built around AMC-themed trading pairs, climbed from below $30 million to $170 million after controversy involving AMC CEO Adam Aron and Robinhood’s AMC stock token. SHROOM, a mushroom-themed token issued through Pons, rose to roughly $60 million and was framed by its project as a stock-token liquidity network. BNB Chain and Solana also produced fresh leaders. MarsCoin surged after Binance listed spot trading on Sept. 4, while Hakimi and Niulai also posted sharp gains. On Solana, USELESS, STONK and ZCAT became standout names, with STONK briefly becoming the first stock-pairing meme token on Solana to exceed a $100 million market value. The article also notes comments from trader BonkGuy, who said USELESS, MARSCOIN and PONS could be among the fastest in their segments to reach a $1 billion valuation in the new cycle.

Trader BonkGuy disclosed a $500,000 MEME token buy at a $45 million valuation, denying insider trading. He argued MEME is at the core of the meme/stock narrative, referencing other high-cap projects. With Robinhood's founder and AMC CEO debating token legality, BonkGuy sees potential for MEME to reach billions if regulatory outcome is favorable, and expects a Robinhood listing. MEME briefly hit $130M market cap before settling at $122M.

Trader BonkGuy said he was not an insider in MEME and built his position gradually over several days, responding to accusations of insider trading. He said his average entry valuation was around $45 million and that he had invested more than $500,000 in total. In his view, if he had possessed insider information, he would have bought when the token’s market capitalization was below $1 million rather than continuing to accumulate near a $45 million valuation. BonkGuy said he first missed MEME when its market cap was below $10 million, then watched it surge to $150 million within hours. That move led him to believe the token could become one of the defining meme coins of the current cycle. He argued that MEME’s biggest upside comes from the emerging “meme/stock” narrative, which he said has already helped several related tokens climb quickly, including AI on Robinhood chain, MARSCOIN on BNB Chain, and STONK on Solana. He also said MEME is now at the center of a discussion involving Robinhood founder Vlad Tenev and AMC’s CEO over the legality of tokenized meme-stock themes. BonkGuy described that debate as a possible catalyst: recognition could push MEME into a new phase of growth, while a negative outcome could weigh on the broader narrative.