Bonk is a meme coin built on the Solana blockchain that was launched with an airdrop event on December 25, 2022. The goal of this strategic launch was to capitalize on the recovery of the Solana blockchain and attract a broad community of users. The bank's goal is to reduce the influence of venture capital investors on the Solana network and regain control over ordinary users.
The Bonk community has developed numerous applications, including games, staking platforms, decentralized financial products, and non-fungible tokens (NFTs). These integrations enable users to spend and earn BONK tokens, increasing the functionality and demand of the token. Since its launch, BONK has seen significant price movements. It initially saw growth of 3,200%, which reflects the community's enthusiasm and the growing popularity of the Solana blockchain.
Metric value
Bank rate is $0.0000321
Price change over 24 hours ▼ 3.28%
Price change for this week ▼ 6.78%
Market value: $2,178,493,735
Circulating supply: 67,862,569,548,076 billion BON
Despite its recent decline in popularity, Bonk's integration into over 130 different products and its ability to re-engage the community suggest it could make big gains in the next bull market.
