BONK ($BONK) is Solana\u2019s answer to Ethereum based meme-token DOGE. As of the time of writing, it is almost single handedly reviving the price of Solana and its ecosystem. It is the newest meme-coin that has been trending since the start of 2023. The coin shows massive upsurge in price gains and is also responsible for a huge influx of daily active users in the Solana ecosystem. So, what\u2019s all the hype behind BONK? Learn more below!<\/p>\n
BONK is Solana network\u2019s first ever meme-coin, similar to Dogecoin and Shiba-Inu coins on the Ethereum network. On the official Bonk website, it states that the Bonk contributors were \u201ctired of toxic \u201cAlameda\u201d tokenomics and wanted to make a fun memecoin where everyone gets a fair shot.\u201d They have certainly kept their promise and more, by single handedly carrying the Solana network from its 2022 low of ~$8 and raising its value to (currently) around ~$16.<\/p>\n 50% of the total BONK supply was airdropped to the Solana community during launch. The 50% airdrop is split as follows:<\/p>\n The BONK token launched in December 2022, but it has already been listed on various crypto exchanges and marketplaces. The largest share of BONK can be found on BKEX exchange, which is a popular exchange especially in the Asian markets. Other exchanges that you can purchase BONK from include Huobi, Gate.io, Bybit, MEXC, LBANK, CoinEx, Bitrue, Bitmart, Bitforex, and more. The trading pairs for BONK include USDT, USDC, and USDD.<\/p>\n The current price of BONK is $0.000000007. As of the time of writing, 5 trillion BONK has been burnt. This makes the supply of total BONK tokens down to 94.12 trillion BONK.<\/p>\n BONK is inspiring and spearheading a mini-bull run on the Solana network. Moreover, there is also an official BONK-based NFT project by the same contributors \u2013 the BONKz NFT project. The BONKz NFT project is a 15,000 piece PFP NFT collection. It sold out immediately after launch in just a few hours. We have previously covered how BONK was a major reason that the active wallets in the Solana network grew 3x after the FTX fallout<\/a> of last year.<\/p>\n The meteoric rise of BONK also establishes the importance of meme culture and meme coins in web3. Memes are not only a powerful marketing tool for web3, but also are shaping to be the way the industry shapes itself and establishes new voices from the community.<\/p>\n \u00a0<\/p>\n Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n![\"\"](\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Untitled-design-6-2.png.webp)
\n<\/picture>\n<\/noscript><\/p>\nWhat Is BONK?<\/span><\/h2>\n
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How To Buy BONK cryptocurrency?<\/span><\/h2>\n
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