<div><h3>Topic Overview</h3><p> In late July, the BONK ecosystem continued to heat up, with the market value of USELESS tokens exceeding US$400 million to set a new record. The on-chain activity of ecological projects such as LetsBonk and Bonk.fun increased significantly. Market attention was focused on the strong performance of USELESS, while the BONK main currency showed signs of capital outflow.</p><h3> Drive logic</h3><p> The short-term rotation of major funds, community sentiment and FOMO effect pushed USELESS to lead the rally. Investors&#39; pursuit of high-volatility assets intensified the differentiation within the sector. Historically, similar capital flows were often accompanied by short-term outbreaks and high drawdown risks.</p><h3> Strategic Recommendations</h3><p> At present, it is suitable for high-risk short-term traders to participate in the pursuit of strong coins such as USELESS. BONK main currency holders are advised to reduce their positions or wait and see. Conservative investors should not chase high prices. It is recommended to closely monitor the on-chain capital flow and the trends of the main addresses, and be alert to the risk of high-level pullbacks.</p><p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>AI-generated summary, not investment advice</small></p></div>