What Bonk actually is

Bonk is a memecoin, currently ranked 93rd by market capitalization among the assets we track. Bonk is a memecoin: its value comes from community, attention, and culture rather than cash flows or protocol fundamentals. That is not a criticism — it is the category — but it shapes every honest thing that can be said about it.

Bonk (BONK) is a community-driven meme cryptocurrency designed for fun and engagement within the Solana ecosystem. It aims to introduce users to the world of crypto through its playful branding and initiatives.

How memecoins actually trade

Memecoins are reflexive: rising prices attract attention, attention attracts buyers, and the loop runs in reverse just as fast on the way down. Holders are effectively trading the strength and durability of a narrative.

Background & fundamentals

In sector terms it is most often filed under Solana (SOL) Token, Polygon (MATIC) Token, and Arbitrum Ecosystem.

Where Bonk sits in the market

Trading around $0.00000400, Bonk carries a market capitalization of $318.18M. Around $15.37M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 4.83% of the float — a healthy level of activity for an asset this size.

Almost the entire BONK supply is already in circulation (~100.0% of the 88.9T cap), so future dilution is effectively off the table. BONK remains -93% beneath its all-time high of $0.00005905, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

The tape currently reads 24-hour -4.55%, 7-day -5.97%, 30-day -11.56%, 1-year -68.46%. Across roughly the last 365 days of daily candles, BONK endured a peak-to-trough drawdown of about 86% before stabilizing.

Volatility profile

Recent action puts Bonk in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -11.56%, a useful input for stop placement and position sizing.

How to think about a memecoin like Bonk

A grounded read on BONK comes down to three questions:

  • Liquidity and float — how deep the order book is and how much of the supply could hit the market — thin liquidity cuts both ways.
  • Community momentum — social activity and holder growth, since attention is the only fundamental a memecoin has.
  • Survivorship odds — whether the project has staying power beyond a single hype cycle — most memecoins do not.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.