Bonk Guy addresses EMBER investment controversy
Crypto trader Bonk Guy responded to controversy regarding his investment in EMBER, explaining that he began building his position when the project's market cap was approximately $7 million and continued until it reached $20 million. He stated that his decision was based on the platform's rapid growth in usage data, noting that Ember recorded $51.7 million in trading volume and $561,000 in fees within three days of launch. Bonk Guy clarified that he has no affiliation with the Ember team and emphasized that he prioritizes underlying usage data over market consensus. He also addressed previous claims, noting that Bubblemaps has clarified concerns regarding address clusters and that Ember is built on Meteora infrastructure rather than being launched by the team directly.
Summaries are written by AI from the original article. Not investment advice.