[OC] New memecoin Bonk saw a 300% price return in the first 8 days, compared to 141 days for Shiba Inu and 1,253 days for Dogecoin for the same threshold. Bonk’s launch strategy, which involved airdropping 50% of its total supply to a wide base of Solana users, drove its price spike. Submitted by coingecko t3_109sgzg on January 12, 2023 at 6:26 AM in dataisbeautiful 19 comments 0
chris96m t1_j414j50 wrote on January 12, 2023 at 1:29 PM Totally not a Solana whales made token looking for dumb money exit liquidity Permalink 1
[OC] New memecoin Bonk saw a 300% price return in the first 8 days, compared to 141 days for Shiba Inu and 1,253 days for Dogecoin for the same threshold. Bonk’s launch strategy, which involved airdropping 50% of its total supply to a wide base of Solana users, drove its price spike.
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