BONK Project Analysis-CoinW Institute

2 min readJan 4, 2023

BONK Project Analysis

1. Research Institute Review

Solana has been affected by the lightning of FTX, a major holding company, since November last year, and has been plummeting until last week when V-God’s words of encouragement to Solana developers regained the heel of Solana’s multi-day decline. The strong airdrop has brought many Solana ecosystem participants back to the chain to participate in $BONK transactions.

2. Recent breakout point

SOL ecology + MEME culture circle

3. Project Introduction

Bonk is a modal token running on the Solana blockchain

4. Token economic model

Token name: Bonk , Total: 99,867,657,417,668 , Circulating tokens: 56,028,936,636,339

Early contributors: 20%, solana NFT: 20%

Early openbook traders: 15%, bank DAO: 15%

solana artists and collectors: 10%, marketing: 55%

Team development: 5%, initial liquidity: 5%, solana development: 5%

5. Project Highlights

Recently, V-God gave a shout-out to Solana, and at the same time, there are signs of recovery in the Solana ecosystem. The popular NFT project Bonk (BONK), relying on airdrops, “anti-Alameda” and reviving Solana DEX culture, has taken the cryptocurrency community by storm.

6. Community

twitter: 47,000 people

7. Future Outlook

Bonk quickly cooperated with several projects in Solana ecology, launching BONK and Solana multiple DeFi pools, paying for the purchase of NFT and minting fees, Bonk domain name, token burning function, etc. The pace is like a flying star, and finally Firebee Exchange chose to list BONK, which made Bonk jump more than 4000% within a week. The SOL ecology needs a hundred times coin to recharge the faith and has the potential to become a hundred times coin in the future.

Basic Information

Project Description: Bonk is the first Solana dogcoin for the general public, with 50% of the total supply airdropped to the Solana community. the contributors to Bonk were tired of the toxic “Alameda” token economics and wanted to make a fun modal coin that gives everyone a fair chance. Our goal is to restore liquidity to solana dexes, which we like to call openbonk, at the same time as we launch openbook!

Full token name: Bonk

Token name: Bonk

Project website: https://www.bonkcoin.com/

Block Query.

https://solscan.io/token/DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263#txs

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