Bonk Coin, often referred to by its ticker symbol BONK, is a dog-themed cryptocurrency built on the Solana blockchain. Launched on Christmas Day 2022, it quickly gained attention as a meme coin driven by social media hype and community support. Bonk crypto aims to be "the dog coin of the people," integrating deeply with the Solana ecosystem and providing a decentralized, fun alternative to traditional cryptocurrencies. With a maximum supply of 100 trillion coins, Bonk has become a significant player in the meme coin market.
The initial success of Bonk Coin can be attributed to its massive airdrop strategy, where 50% of the total supply was distributed for free to the Solana community. This approach helped foster a strong, engaged community and rapidly increased its user base. Bonk Coin's low price, often valued at minuscule fractions of a cent, makes it accessible to a wide range of investors, further driving its popularity and adoption.$BTC
Itās gold for nerds.ā āStephen Colbert, Comedian
āBitcoin will do to banks what email did to the postal industry.ā āRick Falkvinge, Founder of the Swedish pirate party
āBitcoin is a technological tour de force.ā āBill Gates, co-founder of Microsoft, investor, and philanthropist
āEvery informed person needs to know about Bitcoin because it might be one of the worldās most important developments.ā āLeon Luow, Nobel Peace Prize nominee
āBitcoin is the most important invention in the history of the world since the Internet.āāRoger Ver, Bitcoin angel investor, and evangelist
āBitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it.āāEdmund Moy, 38th Director of the United States Mint
āStay away from it. Itās a mirage, basically. In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending.āāWarren Buffet, CEO of Berkshire Hathaway
āStill thinking about #Bitcoin. No conclusion ā not endorsing/rejecting. Know that folks also were sceptical when paper money displaced gold.ā āLloyd Blankfein, CEO of Goldman Sachs
ā[Bitcoin] is a very exciting development, it migh$BNB t lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.ā āKim Dotcom, CEO of MegaUpload $BTC
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Iām inviting you to use FlyX Pay, a simple and secure crypto payments app by FlyX. Hereās my code (34CBZP2)- just enter it before your sign up. On your first login, you will get coins worth up to 4 USD. You can redeem it after the completion of airdrop and presale while listing. The functions for crypto transactions will be available in future. The app now functions only for promotions.
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Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol. In May 2024, Binance Exchange was the second largest (as verified by Coinmarketcap) cryptocurrency exchange in the world, with a daily trading volume of $11.8 billion. 1 Binance Coin (BNB) had a 24-hour trading volume of $1.45 billion. 2
Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol. Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy (or "burn") BNB held in its treasury. Binance was created as a utility token for discounted trading fees in 2017, but its uses have expanded to numerous applications, including payments for transaction fees (on the Binance Chain), travel bookings, entertainment, online services, and financial services. At the time of writing, Binance Coin (BNB) had a market cap of more than $87 billion, ranking behind only Bitcoin, Ethereum, and USD Tether. 1
A meme coin is a type of cryptocurrency that is inspired by internet memes, jokes, or pop culture references. Although these coins are typically created as a form of satire or humor, they have gained significant attention and value in the crypto market due to their viral nature and community-driven promotion. Here are some key characteristics of meme coins:
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What are Meme Coins? Top 25 Funniest Examples and Prices featured image Letās have some fun with meme coins! Because after all, who said that investing and entertainment shouldnāt come in pairs? Today we will abandon the images native to Wall Street in the 1970s. Zero elegant gentlemen in hats, suits, and briefcases in hand. Instead, a lot of crazy doggies, sad hamsters, and toads. We will take a look into the world of gaming, as well as⦠the adult film industry. Although, weāll still talk about coins, business, and investments.
From the following text, you will learn:
what is the definition of a meme coin 25 meme coin examples with stories behind them and prices how to easily collect data on their current and historical prices on various exchanges.
What are Meme Coins? Top 25 Funniest Examples and Prices featured image Letās have some fun with meme coins! Because after all, who said that investing and entertainment shouldnāt come in pairs? Today we will abandon the images native to Wall Street in the 1970s. Zero elegant gentlemen in hats, suits, and briefcases in hand. Instead, a lot of crazy doggies, sad hamsters, and toads. We will take a look into the world of gaming, as well as⦠the adult film industry. Although, weāll still talk about coins, business, and investments.
From the following text, you will learn:
what is the definition of a meme coin 25 meme coin examples with stories behind them and prices how to easily collect data on their current and historical prices on various exchanges.
A meme coin is a type of cryptocurrency that is inspired by internet memes, jokes, or pop culture references. Although these coins are typically created as a form of satire or humor, they have gained significant attention and value in the crypto market due to their viral nature and community-driven promotion. Here are some key characteristics of meme coins:
Humorous or satirical origin Meme coins often start as jokes or parodies of other cryptocurrencies. For example, Dogecoin was created as a parody of Bitcoin, featuring the Shiba Inu dog from the āDogeā memeā. Community-driven The success of meme coins largely depends on the community that supports and promotes them. Consequently, this can lead to high volatility as their value is often driven by social media trends and viral marketing rather than intrinsic utilityāā. High volatility Meme coins are known for their dramatic price fluctuations. Basically, their value can surge or plummet rapidly based on market sentiment and online hypeā ā like when Elon Musk tweetedā about Pepe Coin firing a coin value toward the moon. Low or no fundamental utility Many meme coins donāt have significant use cases or technological advancements. They primarily rely on their viral appeal and community engagementā. However, weāll prove in this article that this doesnāt apply to all meme coins. Some promote environmental and charitable initiatives, others use the modern Play-to-Earn mechanism and some carry ground-breaking technology. Speculative Nature Investing in meme coins is highly speculative. While some investors have seen massive returns, the majority of meme coins can also lead to significant losses due to their volatile natureā.
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Even though Bitcoin and blockchain are still in their infancy, they have both been the ātalk of the townā as experts contemplate the potential ramificationsāgood and badāfor virtually every industry. As the leading cryptocurrency, Bitcoin is the first exposure many people have to blockchain technology. Many compare the transformative effect of blockchain to the disruption caused by the Internet, search engines and Google that changed the way we work, shop and communicate with one another. Everyone from world leaders to CEOs, and industry experts to investors are being asked their thoughts about Bitcoin and blockchain. Here are just a few of their opinions.
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#MarketPullback $BTC The cryptocurrency market saw another decline on Dec. 10, 2024, with Bitcoin dropping below $95,000 for the second time in recent days, causing widespread liquidations.
Meme coins in particular have experienced some of the most severe losses. Dogecoin (DOGE), after briefly surging to a multi-year high of $0.485, fell 12% in the past 24 hours, now trading below $0.40. Shiba Inu (SHIB) dropped 15% to $0.000025, while other meme coins such as FLOKI, BONK and WIF all suffered declines of about 20%. FLOKI struggled to hold above $0.00022, while BONK was trading as low as $0.00034. Despite the recent setbacks, these meme coins still dominate the market in terms of social engagement, with Dogecoin and Shiba Inu remaining among the top 20 assets by market cap.
The losses for meme coins were compounded by a broader market correction that saw a significant decrease in the prices of large-cap altcoins. In the wake of Bitcoin's dip, meme coins faced extreme volatility. Dogecoinās price continued to struggle, marking a 10% drop, after briefly falling below $0.39 on Monday. The situation echoed the woes of other meme tokens like BONK and FLOKI, which had seen similar declines of 16% and 15% respectively. The meme coin marketās risk is particularly evident during corrections like the current one, wherein sudden price drops, often due to speculative trading, lead to sharp corrections.
Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme.ā ā Naval Ravikant, former CEO of AngelList
We have elected to put our money and faith in a mathematical framework that is free of politics and human error.ā ā Tyler Winklevoss, co-CEO of Gemini
You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." āJohn McAfee, Founder of McAfee Associates
As the value goes up, heads start to swivel and skeptics begin to soften. Starting a new currency is easy, anyone can do it. The trick is getting people to accept it because it is their use that gives the āmoneyā value.ā - Adam B. Levine, CEO of Tokenly $BTC