Why was a coin with half its supply given away for free in the first place?
First, what happened: BONK has undergone several burns, bringing its total supply below the original 100 trillion tokens.
Why it happened: Airdropped tokens cost recipients almost nothing, so they usually feel little pressure not to sell. This may have led to significant selling pressure when it first launched.
$BONK is a meme coin on Solana, launched on Christmas Day 2022. Its current price is 0.0₅288.
Only invest money you can afford to lose without it affecting your life.
#BONK
First, what happened: BONK has undergone several burns, bringing its total supply below the original 100 trillion tokens.
Why it happened: Airdropped tokens cost recipients almost nothing, so they usually feel little pressure not to sell. This may have led to significant selling pressure when it first launched.
$BONK is a meme coin on Solana, launched on Christmas Day 2022. Its current price is 0.0₅288.
Only invest money you can afford to lose without it affecting your life.
#BONK
