WHAT IS BONK
Bonk (BONK) is a cryptocurrency token built on the Solana blockchain, designed as a community-driven, meme-inspired coin. Launched in December 2022, Bonk gained attention through a significant airdrop to the Solana community, distributing 50% of its total supply to users who contributed to the network's growth.
Unlike traditional cryptocurrencies with specific use cases, Bonk primarily serves as a fun, community-centric token, embodying the spirit of internet memes and social engagement. Its mascot, a Shiba Inu dog, aligns with the meme coin culture, similar to other tokens like Dogecoin and Shiba Inu.
As of January 4, 2025, Bonk is trading at approximately $0.00003578 USD, with a 24-hour trading volume of around $469 million. The token has experienced significant price fluctuations, reaching an all-time high of $0.00005825 USD on November 20, 2024, and an all-time low of $0.000000078614 USD on December 29, 2022.
While Bonk has established itself within the Solana ecosystem, it's important to note that, like many meme coins, its value is highly speculative and subject to market volatility. Investors should exercise caution and conduct thorough research before engaging with such tokens.
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