Updated January 16th . At its current price of $0. the BONK meme coin is up around 110% year on year. While this increase is respectable, it pales in comparison to the extraordinary 7,000% surge observed from June to June .
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This phenomenon is common among cryptocurrencies that experience sudden mass awareness. Initially, as an obscure token gains recognition, early investors can realize substantial returns due to the rapid influx of new buyers. However, once a cryptocurrency becomes widely known and achieves significant market capitalization, replicating such exponential growth becomes exceedingly challenging. The market becomes saturated, and the sheer volume of capital required to drive similar percentage increases is substantially higher.
Consequently, many investors turn their attention to lesser-known ‘presale’ tokens, seeking the potential for similar awareness-driven surges.
In this blog post, we will explain what BONK coin is, how it was launched, what makes it unique, and where you can buy it.
In December , the Bonk DAO initiated the “BURNmas” event, aiming to burn at least 1 trillion BONK tokens by December 25 to reduce supply and potentially boost value. The event exceeded expectations, with approximately 1.69 trillion tokens (worth over $51 million) removed from circulation.
BONK current price is $0. with a marketcap of $2,181,111,299.00. Its price is 3.84% up in last 24 hours. Source: Brave New Coin Bonk market data.
In contrast, Bitcoin’s total supply is capped at 21 million coins, making any reduction in its supply proportionally more impactful. The substantial difference in supply sizes means that token burns must be considerably larger in high-supply tokens like BONK to achieve a similar effect on scarcity and value.
Analysts have offered mixed forecasts for BONK. Some predict a potential 30% rally if the token maintains support at the $0. level, while others caution about possible declines if it falls below this threshold. The average analysis of six major platforms has a peak price of BONK in at $0. – barely a 35% increase.
Analyst Price Binance $0. Changelly $0. Benzinga $0. BTC Direct $0. Bitget $0. 99Bitcoins $0. Average $0.Like PEPE and DOGE, BONK is a meme coin inspired by internet memes, jokes, and satire. Meme coins are not designed with a specific use case in mind, but rather as a way to express humor, creativity, and social commentary through cryptocurrency.
While BONK is similar to DOGE and SHIB in that it features a cute dog as its mascot and logo, it differs from them in several ways.
1. BONK is built on Solana. Referred to as the ‘Ethereum killer’ when it launched, Solana is a fast, scalable, and low-cost blockchain platform that supports smart contracts and decentralized applications with over 400 dApps currently running on its network (Solana is also home to ’s other stellar performer Dogwifhat).
2. BONK was launched with a massive airdrop on December 25, , as a Christmas gift to the Solana community. 50% of the total supply of 100 trillion coins was distributed to Solana users who contributed to the development and growth of the network in some way. This included artists, creators, developers, NFT collectors, and active community members. The airdrop was done randomly and anonymously, without any pre-announcement or marketing.
3. BONK’s integration with the Solana ecosystem. BONK’s whitepaper outlines its ambition to become the “community coin of Solana,” used across numerous decentralized applications. The project aims to challenge the dominance of “predatory VC tokens” by empowering the wider Solana community. This is evident in its approach to airdropping 50% of its total supply.
The coin is accepted as a payment option for NFTs on several platforms, such as OpenBook and Orca. It is also used as an incentive for staking NFTs on platforms like SolFarm and BonkStake. Moreover, BONK is listed on several popular crypto exchanges that support Solana-based tokens, such as Coinbase, Binance and Serum.
BONK has several features that make it stand out from other meme coins. One of them is its community-driven nature. The team behind BONK does not have any control over the coin’s supply or direction. Instead, they have delegated 15% of the total supply to a decentralized autonomous organization (DAO) called Bonk DAO. The Bonk DAO is responsible for making decisions regarding the future development and governance of BONK. Anyone who holds BONK tokens can participate in the Bonk DAO by voting on proposals or submitting their own ideas. The recent burn vote is good example of the Bonk community working together to increase BONK’s value.
BONK can be purchased on centralized exchanges (CEX) like Coinbase, Crypto.com, Kraken, KuCoin, Binance, OKX and decentralized exchanges (DEX) such as Raydium, Orca, and BonkSwap. Ethereum users can also gain exposure to BONK through Wrapped BONK tokens.
BONK’s price momentum began surging in October , after the introduction of single-sided staking BONK pools. This feature allowed BONK token holders to earn a yield on BONK without having to deposit a second asset that BONK would trade against.
At that time users, transaction fees, and the number of BONK transactions surged. Factors in BONK’s price momentum in included a listing on the Revolut app in April, making it accessible to a broader audience in the European Union, the UK and other eligible countries. The addition of Revolut means BONK now has impressive exchange and app availability and is tradable on Coinbase, Kraken, ByBit, Crypto.com, OKX and around 25 other dexes and exchanges.
Other meme coins that have a longer history and similar large market caps, like PEPE, have been ignored by major exchances, but with BONK the ‘Listing Effect’ is clearly evident. These listings have boosted the mainstream legitimacy of the BONK token and introduced it to a much larger user base. In addition, BONK perpetual swap derivatives can be traded on the popular trading platform, Bitmex, with up to 10x leverage.
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Also in April, the Bonk DAO approved a historic proposal to burn over 278 billion BONK tokens, representing almost 5% of the total supply. This move was aimed at creating scarcity and potentially increasing the token’s value. The BONK community overwhelmingly supported the proposal, with 99.9% voting in favor. Following the burn announcement, BONK experienced a significant price surge, increasing by 40% in less than 24 hours. A similar tactic was attempted in December – although, as discussed above, the results were less spectacular.
When Bonk first hit the scene in late , it felt like just another meme coin chasing the viral tailwinds of Doge and Shiba. But in true Solana fashion, BONK did something unexpected. It stuck around.
It clawed its way out of the meme swamp and into the spotlight, with a growing ecosystem and real-world use cases that put it miles ahead of most copy-paste tokens. Today, we’re digging into Bonk's rise, its unique advantages, and whether it deserves the title of best Solana meme coin to buy now.
While the meme coin graveyard is getting crowded, BONK’s chart is telling a different story. Since its all-time low in December , BONK has soared more than 8,000 percent, making it one of the best-performing Solana assets over the past year. In comparison, Dogwifhat (WIF), the other big name in the Solana meme space, has seen impressive growth but not with the same consistency or ecosystem penetration.
Source: CoinMarketCap
BONK now boasts over 400,000 holders, a staggering number that outpaces most of its rivals on Solana. It’s deeply integrated into the Solana DeFi landscape, from being used for tipping on platforms like Jupiter and Phantom Wallet to powering NFT-related incentives across the BonkBot network.
More than just numbers, BONK has become the heartbeat of the Solana meme culture. It has partnered with key projects like Orca and even gained visibility through major centralized exchanges. That gives it another edge over the sea of unlisted wannabes.
In terms of BONK price prediction, analysts are taking note. With Solana continuing to eat into Ethereum’s dominance, meme coins that are actually used are starting to command more respect. BONK isn’t just surviving. It’s thriving, and the fundamentals say it is among the best meme coins to buy now.
In a space that rarely escapes its own echo chamber, BONK is breaking the mold by actually doing something real, and it starts in India.
Dabba Network CEO Karam Lakshman recently highlighted how BONK is being used alongside DePIN (Decentralized Physical Infrastructure Networks) to expand internet access across rural India. Through a decentralized wireless rollout, BONK is being used to incentivize users to deploy hotspots and maintain coverage. This turns a meme coin into a tool for social infrastructure.
So still wondering if BONK is the best meme coin to buy now, the answer feels clearer. BONK has evolved from meme to mission, with traction on-chain and off. It’s still fun. It’s still fast. But it’s also got direction, and that’s something very few meme coins can claim.
If BONK is the face of Solana’s meme coin dominance, then Remittix is quietly pulling off the same kind of revolution in the crypto-payments space. Built on the Ethereum blockchain, Remittix isn’t just another token—it’s a bridge. It takes over 40 top cryptocurrencies and instantly converts them into 30+ fiat currencies, with no hidden FX tricks or surprise wire fees. You send. They receive. Simple as that. And the best part? The recipient never even has to know crypto was involved.
This isn't just for casual transfers. Remittix comes armed with serious business tools. With its Pay API, merchants can accept crypto and settle in fiat without lifting a finger. Cross-border payroll? Handled. Remittances to the other side of the planet? Smooth. And it all runs through smart contracts that automate every conditional step of the process.
Source: Twitter
Right now, the Remittix presale is heating up. 1 $RTX is priced at just $0.. Over 55% of tokens have already been sold, with $14.5 million raised and 528.4 million RTX claimed. If you're still waiting, the clock’s ticking.
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