BONK coin =Bonk (BONK) is a popular meme coin on the Solana blockchain.

Community-first: Almost half of all Bonk tokens were given away for free (airdropped) to Solana users, NFT holders, artists, and developers. No big investors got special deals.
Built on Solana: Transactions are very fast and cheap.
More than just a meme: People use BONK for tipping, trading, gaming, NFTs, and in many Solana apps. There is also a community DAO (BonkDAO) that helps manage some decisions.
Deflationary: Some tokens get burned (destroyed) over time, which can reduce the total supply.