#BONK
**Bonk (BONK): Details in 110 Words**
Bonk (BONK) is a meme-based cryptocurrency that gained popularity in the Solana ecosystem. Initially launched as a joke token, it quickly gained attention and became a community-driven project. Bonk's purpose is to serve as a fun and engaging cryptocurrency, with no inherent utility beyond its meme value. The project gained significant traction due to its high token distribution and viral marketing efforts, often involving giveaways.
Bonk has a massive token supply and is used primarily for trading and speculation. It is listed on various exchanges, including decentralized ones like Raydium. However, it faces volatility and risks common in meme coin markets. Thorough research is essential before investing.