💥 What is Bonk?
Bonk (BONK) is a memecoin based on the Solana blockchain, launched in December 2022. It was created as a response to the dominance of large centralized projects, such as FTX, with a focus on community and decentralization.
🐶 Key Features:
Mascot: Inspired by the Shiba Inu dog meme (just like Dogecoin).
Blockchain: Solana – fast transactions and very low fees.
Fair distribution: 50% of the tokens were released via airdrop to users, artists, and developers of Solana.
Active community: Strong presence on social media and viral campaigns.
📈 Bonk as an investment:
Extremely volatile (like most memecoins).
Price movements often influenced by memes, influencers, or trending moments.
It was one of the most appreciated memecoins during some cycles of the crypto market.
⚠️ Cautions:
High risk: memecoins do not have solid fundamentals like DeFi projects or infrastructure.
Ideal for speculators or those who like to "ride" the hype.
Do not invest more than you are willing to lose.