BONK explained in three sentences:
BONK initially had a total supply of 100 trillion tokens, half of which was airdropped to the Solana community.
Airdropped tokens had zero cost basis, so recipients often feel little hesitation about selling them; as a result, selling pressure may also be significant early on after listing.
A token that started with an airdrop isn’t necessarily less volatile, so any investment should be managed as a high-risk asset.
$BONK 0.0₅33(-4.9%)
BONK initially had a total supply of 100 trillion tokens, half of which was airdropped to the Solana community.
Airdropped tokens had zero cost basis, so recipients often feel little hesitation about selling them; as a result, selling pressure may also be significant early on after listing.
A token that started with an airdrop isn’t necessarily less volatile, so any investment should be managed as a high-risk asset.
$BONK 0.0₅33(-4.9%)