Log in/ Sign up

About BONK

Bonk (BONK) is a cryptocurrency launched in 2022. BONK has a current supply of 93,023.08Bn with 67,962.49Bn in circulation. The last known price of BONK is 0.000021722983 USD and is 0.000000723132 over the last 24 hours. It is currently trading on active market(s) with $252.13M traded over the last 24 hours. More information can be found at https://www.bonkcoin.com/.

Official Website

Social Media

BONK Price Statistics
BONK’s Price Today
24h Price Change
+$0.0000007231323.44%
24h Volume
$252.13M3.87%
24h Low / 24h High
$0.00000034 / $0.00000037
Volume / Market Cap
0.170782277462
Market Dominance
0.06%
Market Rank
#74
BONK Market Cap
Market Cap
$1.48Bn
Fully Diluted Market Cap
$2.02Bn
BONK Price History
7d Low / 7d High
$0.00000034 / $0.00000044
All-Time High
$0.00000492Jan 05, 2023
All-Time Low
$0.00000009Dec 30, 2022
BONK Supply
Circulating Supply
67,962.49Bn
Total Supply
93,023.08Bn
Max Supply
0
Updated Jun 19, 2024 6:56 pm
image
BONK
Bonk
$0.000021722983
$0.000000723132(+3.44%)
Mkt Cap $1.48Bn
There's nothing here for now
Crypto Community Debates Memecoin Culture and Impact on the Industry
Crypto Community Debates Memecoin Culture and Impact on the Industry
According to Blockworks, as the popularity of memecoins continues to grow, established figures in the crypto industry have started addressing the issue. An anonymous crypto blogger, Polynya, criticized the crypto community's 'broken moral compass' and the prevalence of scams and degeneracy in the space. Ethereum co-founder Vitalik Buterin acknowledged the negative aspects of memecoin culture but also highlighted the potential for good, citing charity-focused coins and 'Robin Hood games' like Axie Infinity that benefit lower-income players. Variant Fund general partner Li Jin argued that viral tokens can be an effective go-to-market strategy for founders, as they can build a product around a vibrant community of memecoin users. An example of this is the BONK-incubated Telegram trading tool BONKbot. At the BUIDL conference in Seoul, a panel of crypto community leaders debated whether Solana, the blockchain where many memecoins are traded, should attempt to filter out racist memecoins. Meanwhile, Ethereum's recent Dencun upgrade introduced blobs, packets of data that have seen a surge in base fees due to the release of a platform called Ethscriptions, which allows users to create inscriptions on Ethereum blobs. Users have created numerous memecoins and blob-style NFTs, causing the base fee for blobs to jump significantly. Despite BlobScriptions being removed from Ethereum after approximately 18 days, the cost of including a blob in the next Ethereum block has not decreased. The average blob fee was 13.4 gwei, equivalent to roughly $0.45, while the gas fee on Ethereum layer-1 was 31 gwei at around the same time.
Mar 31, 2024 10:17 pm

Frequently Asked Questions

  • What Is Bonk (BONK)?

    According to the one-pager, BONK is the first dog-themed coin on Solana "for the people, by the people" with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memecoins, it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community.

    The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that will be used across all the dApps built on Solana, and each user will have the opportunity to become part of the ecosystem, "where everyone gets a fair shot".

    BONK was airdropped randomly to Solana NFT collectors, developers, and artists, other airdrop details remain unknown. Currently, the project has a small digital footprint on the Internet, except for an active twitter account.

    Read More
  • Who Are the Founders of Bonk?

    At the time of writing, the team behind the Bonk project remains anonymous. As of January 2023, there is no comprehensive whitepaper for investors on the official website, instead visitors can see the one-pager and the bonk-paper with information about the token distribution, integration details, and links to the blockchain explorer - SolScan.

    Read More
  • What Makes Bonk (BONK) Unique?

    Nearly half of the total supply, i.e. 50 trillion coins, is distributed among those who maintain the Solana blockchain and contribute to the development of the community in any way possible. According to Orca, a DEX built on top of the Solana blockchain, the airdrop resulted in approximately $20 million in trading volume. Since $BONK was listed across a number of popular crypto exchanges on December 30, 2022, the token has grown by over 2,000% in a week.

    Some projects built on Solana have already integrated $BONK as an option to make payments for NFTs, while others have provided users with the opportunity to earn BONK tokens for staking NFTs.

    Read More
  • How Many Bonk (BONK) Coins Are There in Circulation?

    In line with the team's strategy, 50% of the total supply was airdropped to Solana users (artists, creators, and active community members).

    The total supply of $BONK is nearly 100 trillion coins, distributed as follows:

    5% to Team Development;

    5% to Marketing;

    5% to Initial Liquidity;

    15% to the Bonk DAO;

    20% to Early contributors;

    20% to 40 Solana NFT collections (297K individual NFTs);

    15% to Early OpenBook traders;

    10% to Solana collectors and artists;

    5% to Solana developers.

    As of January 2023, there are 56,000,000,000,000 tokens in circulation.

    Read More
  • How Is the Bonk Network Secured?

    As a Solana-based token, BONK relies on a unique combination of Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms, which improves throughput and scalability. Solana is a Layer 1 blockchain, considered one of the most high-performance permissionless blockchain on the market and fastest networks due to its speed and claimed throughput: the network of 200 distinct nodes can process up to 50,000 transactions per second (TPS).

    Read More
  • Where Can You Buy Bonk (BONK)?

    As of January 2023, BONK can be traded on platforms like Huobi, MEXC, Bybit, Bitget. It’s also available on Gate.io, Poloniex, Orca, LBank, BKEX, CoinEx, BitMart, Bitrue, DigiFinex, XT.COM, BingX, and Hotbit.

    Want to keep track of BONK prices live? Download the CMC mobile app.

    Check out our blog for the latest crypto news and insights.

    Read our educational section on meme coins and NFTs - CMC Alexandria.

    Read More
  • What is the all-time high price of Bonk (BONK)?

    The all-time high of BONK was 0.00000492 USD on 2023-01-05, from which the coin is now down -341.52404471544713%. The all-time high price of Bonk (BONK) is 0.00000492. The current price of BONK is down -341.52404471544713% from its all-time high.

    Read More
  • How much Bonk (BONK) is there in circulation?

    As of , there is currently 67,962.49Bn BONK in circulation. BONK has a maximum supply of 0.

    Read More
  • What is the market cap of Bonk (BONK)?

    The current market cap of BONK is 1.48Bn. It is calculated by multiplying the current supply of BONK by its real-time market price of 0.000021722983.

    Read More
  • What is the all-time low price of Bonk (BONK)?

    The all-time low of BONK was 0.00000009 , from which the coin is now up 24036.647777777776%. The all-time low price of Bonk (BONK) is 0.00000009. The current price of BONK is up 24036.647777777776% from its all-time low.

    Read More
  • Is Bonk (BONK) a good investment?

    Bonk (BONK) has a market capitalization of $1.48Bn and is ranked #74 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Bonk (BONK) price trends and patterns to find the best time to purchase BONK.

    Read More