What is BONK in Crypto? A Guide on the Viral New Dog Meme Coin

BONK is a Solana-based dog meme coin with over 110 DeFi, gaming, developer, and exchange integrations, transforming from a quirky airdrop to select Solana holders into a viral memecoin spiking over 25,000% in a single year.

The Bonk story has all the narrative elements of a tech thriller– a Christmas airdrop to the Solana community in the midst of a particular brutal crypto winter, turned Cinderalla story giving early airdrop recipients a taste of multigenerational wealth.

BONK bills itself as “The Dog Coin of the People” and was initially launched to Solana holders as a free airdrop on Christmas 2022. Since then, BONK has been added to the world’s largest exchanges, Coinbase and Binance, and minted many BONK millionaires off a free airdrop.

According to Bonk’s website, “BONK’s adoption has since grown parabolically to emerge as the true community coin of web3.”

Is this the story of an underdog to the top dog of the memecoin world?

Is BONK just Z-Gen Dogecoin?

It might not be as mindless as many people have made meme coins out to be. The Bonk team is actually shipping product, such as over 115 integrations spanning including DeFi, developer, and gaming verticals– there’s even a Bonk first-person shooter where people can earn BONK by picking up orbs.