Bonk is a decentralized meme token 🪙 built on the Solana blockchain whose contract
address is; 0x1151CB3d861920e07a38e03eEAd12C32178567F6.
Launched on December 25, 2022, BONK has expanded into a broader ecosystem within Solana.
As of the latest available data, the token records approximately 950,300 holders, with a market cap value of US$391.58 million, a total supply of 87.99 trillion tokens, and ranks 89th on the Coin Market Rank list.
Since being listed on multiple cryptocurrency exchanges on December 30, 2022, $BONK has emerged as one of the most successful digital assets in the market. After gaining more than 2,000% in its first week, it finished 2023 as the top-performing crypto asset by percentage return.
Beyond price performance, BONK has evolved into a robust ecosystem, with more than 350 community-built on-chain integrations spanning Decentralised Finance (DeFi), gaming, payments, Non-Fungible Tokens (NFTs), and other sectors.
BONK was launched with a simple vision: create a community-owned token that empowers users across the Solana ecosystem. By driving engagement, liquidity, and adoption throughout Solana’s dApps, BONK aims to unite builders and users around a shared economy where participation is accessible, rewarding, and open to everyone.
A look at the chart structure on the weekly TF, showing previous months’ entries on spot.
Market Cap: US$391.58m
All Time High: 0.00006230
Community votes indicator: 84% bullish, 16% bearish
Support/Demand; 0.00000403, 0.00000386
Resistance/Supply; 0.00000776, 0.00000929, 0.00001827, 0.00002879, 0.00004048
Should BONK break above the supply level after rebounding at 0.00000776, the next resistance target with higher highs is expected. However, if it breaks below demand at 0.00000386, it risks making a lower low. 0.00000200 is expected to act as a stop-loss until the price reclaims 0.00000386 and retests the first entry level.
Note: Do not over-leverage. Investors may consider using Dollar-Cost Averaging (DCA) as a risk-management approach rather than attempting to time market movements.
