BONK is a meme-inspired cryptocurrency launched on the Solana blockchain in late 2022. It quickly gained attention as the first major meme coin on Solana, often compared to popular tokens like Dogecoin and Shiba Inu. BONK was created by the community, for the community, aiming to bring fun and energy back to the Solana ecosystem during a challenging market period.
Key features of BONK:
Community-driven: 50% of the total BONK supply was airdropped to Solana users, developers, and NFT projects to encourage adoption and reward loyalty.
High supply, low price: BONK has a very large token supply (trillions), making individual tokens extremely cheap and appealing for speculative trading.
Utility and integrations: While primarily a meme coin, BONK is being integrated into DeFi platforms, games, and NFT projects within the Solana ecosystem.
BONK stands as a symbol of resilience and humor within crypto, thriving on hype, memes, and community engagement.