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Bonk (BONK) USD Price
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About Bonk
Bonk Price Data
Bonk (BONK) currently has a price of $0.0000039 and is down -2.29% over the last 24 hours. The cryptocurrency is ranked 123 with a market cap of $347.1M. Over the last 24 hours, it saw $20.8M of trading volume. The token has a circulating supply of 88T tokens out of a total supply of 88T tokens.
BONK is a meme coin that champions a community-first approach within the Solana blockchain. Touted as Solana's "first dog coin by the people for the people," it aims to bolster the network's ecosystem. It takes after similar dog-themed memecoins like Dogecoin and Shiba Inu. The token benefits from Solana's high performance, owing to its unique consensus mechanism.
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© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Frequently Asked Questions
Solana-native memecoin launched Dec 25, 2022, directly after FTX’s collapse cratered SOL and Solana ecosystem’s liquidity. The token is positioned as a “community reclamation” token, airdropped to Solana builders, NFT holders, and developers at a moment when confidence in the chain was near zero.
Roughly 50% of the total supply was airdropped directly to Solana community members, including NFT holders, developers, and ecosystem participants, with no allocation to VCs.
LetsBonk.fun is a Solana token launchpad that routes trading fee revenue into BONK buybacks and burns. Every token launched and traded on the platform creates direct deflationary pressure on BONK supply, tying the token’s economics to broader Solana speculation activity.
Formerly Safety Shot, Bonk Inc. is a publicly traded company that adopted BONK as a corporate treasury asset, following MicroStrategy’s Bitcoin playbook. It creates a regulated equity vehicle with BONK exposure and introduces a non-speculative institutional buyer into the demand mix.
BONK permanently removes tokens from supply through platform fee revenues, community-organized burn events, and ecosystem initiatives. Hundreds of billions of tokens have been burned onchain to date. Burns are publicly verifiable and serve as a core part of BONK’s deflationary narrative.