Bonk-Meme Coin sees wild price fluctuations and massive owner concentration-old coins
Bonk-Meme Coin sees wild price fluctuations and massive owner concentration-old coins
According to the all-time highs of cryptocurrency prices in 2021, suffering from the Luna Implosion of 2022 and the sight of countless crypto companies that go down the stream, we have a new participant in the MEM Coin scene that started in the Solana network. The crypto-asset bonk Inu (bonk) has a circulating token offer of around 41.5 trillions and has managed to achieve a market capitalization of around $ 63 million.
bonk sees that market capitalization increases to $ 204 million before it falls to $ 63 million $ 63 million within 24 hours
The cryptocurrency community has via a new meme token called bonk inu (bonk) a dogecoin (doge) and shiba inu (shib). target = "_ blank" href = "https://www.coingecko.com/en/categories/meme token" rel = "noopener"> sixth largest meme coin can be kept today. According to the bonk development team and his " one-time ", bonk is "the first Solana dog coin for people, with 50 % of the total care in the Solana community."
The Airdrop has recently driven the price of Solana (SOL) after the project Dealing with negativity From previous relationships with Sam Bankman-Fried, Alameda Research and FTX. "The participants of Bonk were fed up with the toxic 'Alameda' tokenomics and wanted to make a funny Memecoin where everyone gets a fair chance," explains Bonks One Pager.
The 50 % of the bonk distribution were divided into groups and 20 % went to Solana-based non-funnia-based tokens (NFT) collectors. 15 % were distributed to early openbook dealers, 10 % of Solana artists and collectors and 5 % to Solana developers. Bonk began to see real value on December 29, 2022 when it was traded for $ 0.0000,00086142 per token. By January 5, 2023, he jumped to an all -time high (ATH) at $ 0.00000487 per bonk. But 24 hours later, on January 6th, Bonk had fallen by 67.9 % since the token atken.
The market capitalization of the crypto asset reached more than $ 204 million, except for the market evaluation of January 6, of around $ 63 million. While Bonk has a circulating offer of around 41.5 trillions today, according to a previously around 56.02 trillion Archive.org snapshot . According to the bonk team, bonk-token is burned similar to Shiba Inu (Shib) to create scarcity
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CoinCarp.com data were recorded on January 6, 2023.
on January 5th, the bonk-Team said Meme-token it was destroyed . In addition, there are 110,017 bonk-owners and coincarp.com data indicates that the top-ten-owners control the offer. 20 bonk owners have 46.31 % of the offer and 58.32 % of Bonk are held by 100 of the richest bonk inu addresses.
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