BONK ($BONK) is Solana’s reply to Ethereum primarily based meme-token DOGE. As of the time of writing, it’s nearly single handedly reviving the worth of Solana and its ecosystem. It’s the latest meme-coin that has been trending for the reason that begin of 2023. The coin exhibits large upsurge in value positive aspects and can also be answerable for an enormous inflow of each day energetic customers within the Solana ecosystem. So, what’s all of the hype behind BONK? Study extra beneath!
What Is BONK?
BONK is Solana community’s first ever meme-coin, much 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 wished 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 (at the moment) round ~$16.
50% of the entire BONK provide was airdropped to the Solana group throughout launch. The 50% airdrop is cut up as follows:
- 20% to 40 Solana NFT collections, akin to Cyber Samurai, Lily, Lotus Gang, SolGods, and extra. The entire 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, but it surely has already been listed on numerous crypto exchanges and marketplaces. The most important share of BONK will be discovered on BKEX trade, which is a well-liked trade particularly within the Asian markets. Different exchanges you can 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 availability of whole BONK tokens all the way 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 mission by the identical contributors – the BONKz NFT mission. The BONKz NFT mission is a 15,000 piece PFP NFT assortment. It offered out instantly after launch in only a few hours. We’ve beforehand lined how BONK was a serious purpose that the active wallets in the Solana network grew 3x after the FTX fallout of final 12 months.
The meteoric rise of BONK additionally establishes the significance of meme tradition and meme cash in web3. Memes usually are not solely a strong advertising and marketing software for web3, but in addition are shaping to be the best way the business shapes itself and establishes new voices from the group.
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