BONK | 11000% gain in 11 monthđź’Ž
Updated
Bonk is 500% up since our first signal in Nov10th and its up more than 11000% less than a year
The price of Bonk is $0.0000102 today with a 24hour trading volume of 100 million dollar which represents a 38% price increase in the last 24 hours and a 161% price increase in the past 7 days. With a circulating supply of 61 Trillion BONK, Bonk is valued at a market cap of 623 million dollar.
Bonk swiftly gained traction within the Solana ecosystem following its launch. Various Solana-based projects embraced Bonk, integrating the token for transactions related to NFTs.
Several contributing factors have fueled Bonk’s remarkable surge. Firstly, the Solana blockchain, acting as Bonk’s homebase, witnessed a substantial increase in capital, with trading volume soaring from an average of $8 million per day in early November to an impressive $80 million on December 6. This surge in trading activity speaks to the growing prominence of Solana as a preferred blockchain network.
Also investors have displayed a heightened appetite for risk, gravitating towards tokens associated with the Solana network. This increased risk tolerance has played a pivotal role in propelling Bonk to its current status as a leading Shiba Inu-themed token
Bonk’s launch involved airdrops in multiple stages. First announced in a tweet on December 10, 2022 and in their one-pager, 20% of BONK’s supply was to be airdropped to holders of 40 Solana NFT collections – some notable ones include y00ts, Solana Monkey Business, and Degen Ape Academy.
Subsequently, 15% of its total supply were airdropped to early openbook traders, 10% to Solana artists and collectors and finally 5% to developers of the Solana blockchain. To sum, the airdrop made up 50% of its total supply of 100 trillion coins, resulting in a high market capitalization days upon launch and generated buzz on crypto Twitter, which further hyped up demand.
Bonk’s airdrop tactic greatly contrasts Shiba Inu’s infamous SHIB token airdrop in August 2020. SHIB’s anonymous creator, Ryoshi first locked 50% of total token supply in Uniswap to ensure liquidity, and then sent the remaining 50% of all tokens to Ethereum co-founder, Vitalik Buterin’s ERC20 wallet. Unexpectedly, Vitalik burned 90% of the tokens received, and donated the remaining 10% to charity.
crypto meme coin world is Dog eat Dogs situation now, while floki army thinking should they join bonk boyz, exchanges like Binance getting ready to add Bonk on futures section trading
when you invest in meme coins never forget stoploss and always take profit
if you looking for crypto gems you can always count on our expert
The price of Bonk is $0.0000102 today with a 24hour trading volume of 100 million dollar which represents a 38% price increase in the last 24 hours and a 161% price increase in the past 7 days. With a circulating supply of 61 Trillion BONK, Bonk is valued at a market cap of 623 million dollar.
Bonk swiftly gained traction within the Solana ecosystem following its launch. Various Solana-based projects embraced Bonk, integrating the token for transactions related to NFTs.
Several contributing factors have fueled Bonk’s remarkable surge. Firstly, the Solana blockchain, acting as Bonk’s homebase, witnessed a substantial increase in capital, with trading volume soaring from an average of $8 million per day in early November to an impressive $80 million on December 6. This surge in trading activity speaks to the growing prominence of Solana as a preferred blockchain network.
Also investors have displayed a heightened appetite for risk, gravitating towards tokens associated with the Solana network. This increased risk tolerance has played a pivotal role in propelling Bonk to its current status as a leading Shiba Inu-themed token
Bonk’s launch involved airdrops in multiple stages. First announced in a tweet on December 10, 2022 and in their one-pager, 20% of BONK’s supply was to be airdropped to holders of 40 Solana NFT collections – some notable ones include y00ts, Solana Monkey Business, and Degen Ape Academy.
Subsequently, 15% of its total supply were airdropped to early openbook traders, 10% to Solana artists and collectors and finally 5% to developers of the Solana blockchain. To sum, the airdrop made up 50% of its total supply of 100 trillion coins, resulting in a high market capitalization days upon launch and generated buzz on crypto Twitter, which further hyped up demand.
Bonk’s airdrop tactic greatly contrasts Shiba Inu’s infamous SHIB token airdrop in August 2020. SHIB’s anonymous creator, Ryoshi first locked 50% of total token supply in Uniswap to ensure liquidity, and then sent the remaining 50% of all tokens to Ethereum co-founder, Vitalik Buterin’s ERC20 wallet. Unexpectedly, Vitalik burned 90% of the tokens received, and donated the remaining 10% to charity.
crypto meme coin world is Dog eat Dogs situation now, while floki army thinking should they join bonk boyz, exchanges like Binance getting ready to add Bonk on futures section trading
when you invest in meme coins never forget stoploss and always take profit
if you looking for crypto gems you can always count on our expert
Trade active
The price of Bonkis $0.00001455 today with a 24hour trading volume of 140 million dollar. we hitting our targets one by one
Trade active
Note
Coinbase adds BONK token to its listingTrade active
we hitting all targets one by one
Trade active
Binance will list BONK ( but I told you in Dec7 ;)Note
lets see will Bonk army hold 0.00001122
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Note
Bithumb, South Korea's second largest crypto exchange, will list Bonk and Zeta Chain on the Korean won market on May 16. BONK trading will be open at 17:00, and ZETA trading will be open at 18:00Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
The MACD and RSI indicators show growing bullish momentum for Bonk
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.