Bonk (BONK) is a meme coin based on the Solana blockchain, known for its massive total supply of 100 billion coins and its explosive growth in 2023, when it rose over 10,000% in value. Approximately 50% of its supply was distributed through an airdrop to the Solana community, including artists and developers, as a strategy to strengthen the network.
The BONK ecosystem now includes decentralized applications (dApps) and a decentralized exchange (DEX) called BonkSwap, where users can swap coins and earn interest by providing liquidity. Although it has been one of the most prominent meme coins recently, it also faces the typical risks of this type of asset, such as high volatility, limited utility, and potential loss of interest as new trends emerge.
If you are considering investing in BONK, it is important to do your research thoroughly and be aware of the risks associated with cryptocurrencies of this type. You can purchase BONK on centralized exchanges like Coinbase or Binance, or on decentralized Solana-based exchanges like Raydium.
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