Bonk

Summary

Bonk (BONK) is a Solana-based dog-themed meme coin launched Christmas Day 2022 by an anonymous team of 22 Solana community members as a post-FTX community revival initiative. 50% of total supply was airdropped to Solana NFT holders, developers, and artists. Developers burned all team tokens (5T BONK, 5% of supply) in January 2023. BONK surged 2,000%+ in its first week. NASDAQ-listed Safety Shot acquired 228B BONK ($55M) for its treasury in September 2025. No protocol-level exploits recorded. Key risks: anonymous team, meme coin volatility, no fundamental utility beyond community engagement.