New Listings
Bonk: The Dog-Themed Meme Coin Making Waves in the Crypto World
Beginner
2024-02-02 | 5m
Have you heard about the latest buzz in the cryptocurrency world? Bonk is a dog-themed meme coin that has been making waves on social media with its impressive performance. With its unique branding and growing community, Bonk has caught the attention of many investors and crypto enthusiasts looking to get in on the action. Let's dive deeper into what makes Bonk stand out in the world of cryptocurrency.
What is BONK?
As per the one-pager, BONK is a newly launched cryptocurrency on
Solana that has a dog theme. It is intended to be a community-driven coin, with 50% of the total supply airdropped to the Solana community. BONK shares similarities with
memecoins like Shiba Inu (SHIB) and
Dogecoin (DOGE). Its launch on December 25, 2022, led to a 34% increase in the price of the SOL token within 48 hours. Trading of BONK commenced on December 30, 2022, and the crypto community has shown genuine interest in it.
How It Works
The primary objective of the BONK team is to increase liquidity on decentralized exchanges (DEXs) based on Solana. They have developed a community coin that can be used across all dApps built on Solana, and each user has an opportunity to be part of the ecosystem, where everyone gets an equal chance.
BONK was airdropped randomly to Solana NFT collectors, developers, and artists, and other airdrop details are currently unknown. The project has a minimal digital footprint on the internet, except for an active Twitter account.
What Is the BONK Token?
BONK is a digital token based on the Solana
blockchain. Originally created as a fun meme coin in December 2022 to lift spirits following the FTX crash, it has since gained popularity as both a social and utility token throughout the Solana ecosystem.
Trade
BONK
now on Bitget!
Remarkable Journey in the Solana Ecosystem
Around 50 trillion coins make up almost half of the total supply intended for those who contribute to the Solana blockchain's maintenance and community development. The recent airdrop of BONK by Orca, a DEX operating on the Solana blockchain, resulted in nearly $20 million in trading volume. Since its listing on various popular
crypto exchanges on December 30, 2022, BONK has grown by over 2000% within a week.
With some Solana-based projects already incorporating BONK as a payment option for NFTs, others are providing users with the chance to earn BONK tokens for staking their NFTs.
How to trade Bonk (BONK) on Bitget
Step 1: Go to the
BONKUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell.
Master Bitget spot trading with ease! Explore
The Uncensored Guide To Bitget Spot Trading
and transform your trading skills now!
For those passionate about expanding their knowledge of
cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the
crypto market successfully. Begin your crypto journey by visiting
Bitget Academy's website today!
Disclaimer:
The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
Share
How to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade nowRecommended
We offer all of your favorite coins！
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade now