*Bonk (BONK) and Shiba Inu (SHIB)* are both popular meme-based cryptocurrencies:
- **Bonk ($BONK):** Launched in December 2021 on the Solana blockchain, Bonk is a meme token that was created as a community-driven project. Its primary focus is on fun and engagement rather than on technological innovation. The token gained initial popularity due to its meme appeal and extensive token distribution.
- **Shiba Inu ($SHIB):** Often dubbed the "Dogecoin killer," Shiba Inu is an ERC-20 token that was launched on the Ethereum blockchain in August 2020. Inspired by Dogecoin, SHIB aims to build a decentralized ecosystem with a strong community backing. It gained significant attention and value thanks to its active community and marketing efforts, including the launch of a decentralized exchange called ShibaSwap.