Let's talk about BONK:
When BONK was issued, confidence in the Solana ecosystem had been shaken in the wake of the exchange collapse in November 2022.
Airdropped tokens had a cost basis of zero, so recipients typically felt little hesitation about selling. As a result, selling pressure may have been high when it first listed.
$BONK 0.0₅309（+4.75%）
#BONK
When BONK was issued, confidence in the Solana ecosystem had been shaken in the wake of the exchange collapse in November 2022.
Airdropped tokens had a cost basis of zero, so recipients typically felt little hesitation about selling. As a result, selling pressure may have been high when it first listed.
$BONK 0.0₅309（+4.75%）
#BONK