17/01/2023
:BONK Airdrop: Everything You Need to Know About Solana Dogecoin
BONK ($BONK) is Solana's answer to DOGE, an Ethereum-based meme token. As of this writing, it has almost single-handedly saved the price of Solana and its ecosystem! It is the latest meme token to have been popular since early 2023 to show a significant price increase and account for an influx of daily active users in the Solana ecosystem. So, what is all the hype behind BONK? Learn more below!
What is Bunker?
BONK is the first memecoin for the Solana network, similar to Dogecoin and Shibacoin on the Ethereum network. On Bonk's official website, it states that Bonk contributors "are fed up with the toxic 'Alameda' token economics and want to make a fun memecoin that gives everyone a fair chance." They Of course keep your word. In fact, BONK has single-handedly boosted the Solana network from its 2022 low of $8 to (currently) around $16.
To clarify, the Solana community received 50% of the total BONK supply as an airdrop during launch. The 50% airdrop is divided as follows:
20% to 40 Solana NFT collectibles such as Cyber Samurai, Lily, Lotus Gang, SolGods, etc. The total number of NFTs across all projects is approximately 297,000.
15% to early Openbook traders
10% to Solana Artists and Collectors
5% goes to Solana developers.
How can I buy BONK cryptocurrency?
The BONK token was launched in December 2022, but is already available on various cryptocurrency exchanges and markets. The largest share of BONK is on the BKEX exchange, which is a popular exchange, especially in the Asian market. Other exchanges where you can buy BONK include Huobi, Gate.io, Bybit, MEXC, LBANK, CoinEx, Bitrue, Bitmart, Bitforex, etc. The trading pairs of BONK include USDT, USDC and USDD.
The current price of BONK is $0.000000007. As of press time, 5 trillion BONKs have been destroyed. This brings the total supply of BONK tokens down to 94.12 trillion BONK.
More about the Bonk Solana Token
BONK is inspiring and leading a mini bull run on the Solana network. Additionally, there is the official BONK NFT project from the same contributors - the BONKz NFT project. The BONKz NFT project is a collection of 15,000 PFP NFTs. It sold out within hours of its launch. We have previously covered how BONK was the main reason for the 3x increase in active wallets in the Solana network following the FTX impact last year.
The sudden emergence of BONK has also established the importance of meme culture and meme coins in web3.0. Not only are memes a powerful marketing tool for web3, but they are becoming a way for the industry to shape itself and build new voices from the community.
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