Bonk

Bonk (BONK) is a cryptocurrency launched in 2022 that operates on the Ethereum blockchain. It is a meme coin, inspired by internet culture and dog-themed tokens. Its primary purpose is to serve as a community-driven digital asset, often used for tipping and engaging with online communities. The project has a website at bonkcoin.com for further information.

Bonk (BONK) runs on the Ethereum network, meaning it uses Ethereum's proof-of-stake consensus mechanism for transaction validation and security. As an ERC-20 token, it is compatible with Ethereum wallets and decentralized applications. Transactions are recorded on Ethereum's blockchain, ensuring transparency and immutability. The token's functionality is tied to the Ethereum ecosystem.

The BONK token is primarily used as a meme cryptocurrency for community engagement, including tipping content creators and participating in social activities within its ecosystem. It can be traded on numerous cryptocurrency exchanges, as it is listed on over 830 active markets. Its utility is centered around cultural and community-driven use cases rather than complex technical functions.

Bonk (BONK) differs from many meme coins by being launched on Ethereum, whereas some competitors use other blockchains like Solana. It was created in 2022, a period when many meme coins emerged. Its community focus and Ethereum compatibility are notable distinctions. However, like other meme coins, its value is largely driven by community sentiment and market speculation.

Bonk is currently priced at $0.000002963, down 1.05% in the last 24 hours. It is ranked #109 by market capitalization. Over the past 7 days, BONK is down 2.52%.

Bonk has a market capitalization of $260.74M. The 24-hour trading volume is $156.73M, reflecting the total value of BONK traded across all exchanges in the last day.

There are currently 87994.54B BONK in circulation. Bonk has a maximum supply of 88872.43B BONK, meaning no more than this amount will ever exist.