Bombolo | News and Media
BONK is a type of digital currency (coin) that is related to dogs and operates on the Solana blockchain. It was introduced on December 25, 2022. Also, 50% of the BONK coins were distributed for free to people who use the Solana blockchain. It allows supporters of Bonk to exchange value with each other in a decentralized way, meaning without a central authority overseeing it.
BONK is not limited to just one blockchain; it's connected to many different blockchain networks (131 integrations across 9 chains). This wide reach has made BONK quite popular, and more than 400,000 people hold it. Additionally, you can find BONK listed on 25 different exchanges, both centralized (like regular cryptocurrency exchanges) and decentralized (which operate without a central authority).
Also Read: Is BONK coin good for a long term investment? BONK analysis and price predictions 2024
Price:
The current price of one Bonk token is $0.000012 USD. In the last 24 hours, people have traded Bonk tokens worth a total of $197,993,779 USD. The price of Bonk has gone down by 11.93% during this period.
Marketcap:
Bonk is currently ranked as the 86th cryptocurrency on CoinMarketCap. Its total market capitalization, which is the combined value of all Bonk tokens in existence, is $739,409,328 USD.
There are currently 60,837,624,528,359 Bonk tokens in circulation. This means that these tokens are actively being bought, sold, and traded in the market. The maximum supply of Bonk tokens that can ever exist is 100,000,000,000,000. This is the total number of Bonk tokens that can be created according to the rules of the cryptocurrency system.
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Future Predictions:
The forecast for Bonk suggests that it is expected to be traded between the prices of $0.00001055 and $0.00002267.
Now, if the price of Bonk reaches the higher end of this range, which is $0.00002267, it could increase by 85.37%. In other words, the value of one Bonk token might go up by 85.37%, reaching the forecasted price of $0.00002267.
Summarizing the blog, Bonk, a dog-themed digital currency on the Solana blockchain, was introduced on December 25, 2022, with 50% distributed free to Solana users. With 131 integrations across 9 chains, it's held by over 400,000 people and listed on 25 exchanges. Priced at $0.000012, it traded $197,993,779 in the last 24 hours, down 11.93%. Ranked 86th on CoinMarketCap, Bonk's market cap is $739,409,328. Future predictions indicate it might trade between $0.00001055 and $0.00002267, potentially increasing by 85.37%.
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