$BONK REVIEW
This is a meme coin of the Solana-based decentralized organization BonkDAO, with the main goal of returning liquidity to the SOL-based DEX.
Founders and developers of the project :
No detail information
Market indicators : Good ones.
- [ ] Capitalization: $1.44 B, upward dynamics.
- [ ] Trading volume for 24 hours: $162 M.
Date to market:
January 2023.
Total number of coins on the market:
65T out of 93.5T.
Documentation and development :
- [ ] WhitePaper / documentation : present, everything is described in sufficient detail within the framework of meme coins.
- [ ] RoadMap - no.
- [ ] GitHub - no.
Price dynamics : ascending, the coin received maximum hype and has been actively growing since the end of 2023.
Cons :
- [ ] A huge number of coins on the market, a total supply of almost 100 trillion coins, of which 50% were distributed as part of the airdrop.
- [ ] Hype given the fact that this is the first dog-meme coin based on $SOL.
- [ ] PR in X from Magic Eden and Metaplex, after them the exchanges picked up the opportunity to earn extra money and listed it, which only added fuel to the rocket.
Yes, the coin coped with the main task - liquidity in the DEX based on $SOL returned, and in $SOL itself too. However, $BONK remains a meme coin, and holding it is fraught with serious risks. However, I think a certain amount can buy for the long term. But only for those funds that you are not afraid to lose
