The team behind Bonk (BONK), a prominent meme coin project in the digital asset space, has announced that it would begin the process of burning 1 trillion BONK tokens before Christmas. Meanwhile, the altcoin is already up a monumental 112% in the past seven days and is trading at $0.00005308 at the time of publication.
In a post on social media platform X (previously Twitter), the team behind BONK unveiled “BURNmas”, an event that will involve burning BONK tokens periodically “based on specific engagement criteria.” The event began on November 15th at 12:01 am UTC and is destined to end on December 24th at 12:01 am UTC.
Bonk is one the most popular Solana based Memecoin and has been doing great since last few months and this movement of the community is going to increase the popularity of Bonk for sure.
