BONK falls 13.73%; the small print on the official site is also worth reading
With $BONK entering the losers’ board this time, what’s most likely to be overlooked is actually that small line on the official website: “In the ecosystem, not all products are operated by the foundation.”
In this snapshot, BONK/USDT is at 0.00000352 USDT, down 13.73% over the past 24 hours on a rolling basis. The trading pair’s turnover is about 14.0541 million USDT. This is the turnover of the trading pair over this period—not the ecosystem’s total revenue, and you also can’t directly read it as net outflows of that much money.
The official site places BONK’s starting point in the 2022 Christmas season: a group of Solana builders launched the project and distributed tokens to ecosystem developers and creators. Today, on the aggregation page, you can see different entry points such as BONKBOT and BONKSWAP—it's no longer just about spreading a single dog meme image.
However, just because the names are listed together doesn’t mean the operations are the same. The official site clearly states that BONK Fun is an independent community launch platform, not endorsed or reviewed by the BONK Foundation. There are boundaries between product integrations, community usage, and the foundation’s responsibilities. If a new project appears under one entry, you can’t automatically slap an “officially recognized” label on it.
This list can show what products exist in the ecosystem, but I don’t think it can tell how much each one earns today, nor can it explain this particular price drop. Keeping that small line about the operating entities in the introduction ensures that what readers see isn’t just BONK as a lively name.
Which ecosystem products are operated by the foundation—you’ll be the ones to sort that out, won’t you?
This article compiles publicly available information and reflects personal viewpoints, and does not constitute any investment advice. A trading pair’s turnover is not equal to net capital inflows or outflows.
With $BONK entering the losers’ board this time, what’s most likely to be overlooked is actually that small line on the official website: “In the ecosystem, not all products are operated by the foundation.”
In this snapshot, BONK/USDT is at 0.00000352 USDT, down 13.73% over the past 24 hours on a rolling basis. The trading pair’s turnover is about 14.0541 million USDT. This is the turnover of the trading pair over this period—not the ecosystem’s total revenue, and you also can’t directly read it as net outflows of that much money.
The official site places BONK’s starting point in the 2022 Christmas season: a group of Solana builders launched the project and distributed tokens to ecosystem developers and creators. Today, on the aggregation page, you can see different entry points such as BONKBOT and BONKSWAP—it's no longer just about spreading a single dog meme image.
However, just because the names are listed together doesn’t mean the operations are the same. The official site clearly states that BONK Fun is an independent community launch platform, not endorsed or reviewed by the BONK Foundation. There are boundaries between product integrations, community usage, and the foundation’s responsibilities. If a new project appears under one entry, you can’t automatically slap an “officially recognized” label on it.
This list can show what products exist in the ecosystem, but I don’t think it can tell how much each one earns today, nor can it explain this particular price drop. Keeping that small line about the operating entities in the introduction ensures that what readers see isn’t just BONK as a lively name.
Which ecosystem products are operated by the foundation—you’ll be the ones to sort that out, won’t you?
This article compiles publicly available information and reflects personal viewpoints, and does not constitute any investment advice. A trading pair’s turnover is not equal to net capital inflows or outflows.
