BONK noticed over $140 million of its diluted market cap wiped over the past six hours — equating to dropping roughly 35% of its complete diluted market cap — in keeping with Coinmarketcap knowledge.
The entire variety of BONK holders on Jan. 4, was roughly 98,000 — this quantity has risen to roughly 106,573 holders as of press time, in keeping with Solscan knowledge.
A hyperlink to the challenge’s Whitepaper — dubbed the BONKpaper — was added to the web site, highlighting the objective behind the token’s workforce.
Nevertheless, the BONKpaper doesn’t embody the important thing facets usually anticipated in a Whitepaper similar to tokenomics, workforce members concerned and different fundamentals behind the challenge.
Recording over 380% features because the begin of the 12 months, BONK is poised because the Dogecoin’s rival and “the primary Solana canine Coin for the individuals and by the individuals.”
BONK value as of press time was $0.000002259 — down 51% from it’s all-time excessive of $0.000004922 reached Jan. 5.
