BONK ($BONK) is Solana’s reply to Ethereum based mostly meme-token DOGE. As of the time of writing, it’s nearly single handedly reviving the value of Solana and its ecosystem. It’s the latest meme-coin that has been trending for the reason that begin of 2023. The coin reveals large upsurge in value good points and can also be liable for an enormous inflow of each day lively customers within the Solana ecosystem. So, what’s all of the hype behind BONK? Be taught extra beneath!
What Is BONK?
BONK is Solana community’s first ever meme-coin, just like Dogecoin and Shiba-Inu cash on the Ethereum community. On the official Bonk web site, it states that the Bonk contributors had been “uninterested in poisonous “Alameda” tokenomics and needed to make a enjoyable memecoin the place everybody will get a good shot.” They’ve definitely stored their promise and extra, by single handedly carrying the Solana community from its 2022 low of ~$8 and elevating its worth to (presently) round ~$16.
50% of the full BONK provide was airdropped to the Solana group throughout launch. The 50% airdrop is cut up as follows:
- 20% to 40 Solana NFT collections, comparable to Cyber Samurai, Lily, Lotus Gang, SolGods, and extra. The full variety of NFTs of all tasks circle round 297,000.
- 15% to Early Openbook Merchants
- 10% to Solana Artists and Collectors
- 5% to Solana Builders.
How To Purchase BONK cryptocurrency?
The BONK token launched in December 2022, nevertheless it has already been listed on varied crypto exchanges and marketplaces. The biggest share of BONK will be discovered on BKEX trade, which is a well-liked trade particularly within the Asian markets. Different exchanges which you could buy BONK from embrace Huobi, Gate.io, Bybit, MEXC, LBANK, CoinEx, Bitrue, Bitmart, Bitforex, and extra. The buying and selling pairs for BONK embrace USDT, USDC, and USDD.
The present value of BONK is $0.000000007. As of the time of writing, 5 trillion BONK has been burnt. This makes the provision of whole BONK tokens right down to 94.12 trillion BONK.
Extra About The Token
BONK is inspiring and spearheading a mini-bull run on the Solana community. Furthermore, there may be additionally an official BONK-based NFT undertaking by the identical contributors – the BONKz NFT undertaking. The BONKz NFT undertaking is a 15,000 piece PFP NFT assortment. It bought out instantly after launch in only a few hours. Now we have beforehand coated how BONK was a significant cause that the active wallets in the Solana network grew 3x after the FTX fallout of final yr.
The meteoric rise of BONK additionally establishes the significance of meme tradition and meme cash in web3. Memes should not solely a strong advertising software for web3, but additionally are shaping to be the way in which the trade shapes itself and establishes new voices from the group.
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