Bonk Coin is a cryptocurrency launched in the Solana ecosystem and falls into the “meme coin” category. Similar to other meme coin projects like Dogecoin and Shiba Inu, Bonk Coin was launched with a community-driven approach. It specifically benefits from the low transaction fees and high speed of the Solana blockchain. Bonk Coin has attracted attention and the Solana community since its initial launch. The project encourages adoption through methods such as providing liquidity and distributing rewards to community members. $BONK