Last updated:
View ChartThe real-time price of Bonk today is A$0.000009(BONK/AUD), with a market capitalization of A$777.14M AUD. The 24-hour trading volume is A$81.37M AUD. The price of BONK to AUD updates in real time. Over the past 24 hours, Bonk has changed by -2.56%, with a circulating supply of 88.00T.
Buy BonkBonk (BONK) is a cryptocurrency token built on the Solana blockchain. Like other cryptocurrencies, such as Cardano or Solana itself, Bonk can be bought, sold and traded on various online platforms. However, Bonk distinguishes itself through its unique tokenomics, which are inherently tied to its burning mechanism. Bonk has a maximum supply of 93 trillion, and according to data from CoinGecko, over 66 trillion are already in circulation.
BONK gained immense popularity through a substantial airdrop to the Solana community in December 2022. Unlike cryptocurrencies with specific utility functions, BONK is primarily driven by community engagement, hype and online culture.
While its success is largely attributed to its community-driven nature and meme-inspired appeal, it’s important to note that its value is highly speculative and subject to extreme volatility. Interestingly, BONK has been positioning itself as a meme coin project with utility through several side projects. This may explain the positive price movement in 2024 to some extent, although speculation still appears to be the main driver, as would be expected with a meme coin.
The Solana blockchain, which powers Bonk Coin, is renowned for its quick and inexpensive transactions. Bonk’s decentralized ecosystem, which consists of BonkSwap and BonkVault, is supported by this blockchain. Users of the Solana ecosystem can swap Bonk and other tokens on the decentralized exchange BonkSwap. In contrast, BonkVault is a safe wallet with features like cold storage for increased protection that is made to hold Bonk coins and other digital assets.
The BONK DAO is a decentralized autonomous organization (DAO) that oversees the Bonk ecosystem. Decisions pertaining to the creation and governance of the coin must be made by this DAO. In order to decrease supply and cause some deflation, Bonk Coin also uses a burning mechanism, in which a percentage of transaction fees are permanently burned. By fostering scarcity and preserving traders’ confidence, this process is meant to assist in stabilizing Bonk’s price.
A person’s risk appetite and investing objectives are two of the many variables that determine whether Bonk Coin is a decent investment. Bonk is quite susceptible to community mood and social media trends because it is a meme coin. Despite the considerable price increases, investors face substantial risks due to these volatility.
Before putting their money into meme coins, prospective investors should do their homework and think about the hazards. Bonk Coin’s value is not supported by physical assets, therefore it can experience unexpected price fluctuations, even while it offers chances for big gains. Anyone thinking about putting their money into Bonk Coin should do their research and make sure it fits along with their long-term financial goals before committing.
Investing in cryptocurrency, especially extremely speculative and unpredictable meme currencies, requires independent study at all times.
The easiest way to buy BONK is through a crypto exchange like BTCC. BTCC makes purchasing BONK easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first BONK purchase, register with BTCC today!
Bonk's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Bonk(BONK) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.
Predicting the exact timing of a Bonk crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Bonk All-Time Low (ATL) price was 0.000000091971686428, recorded on 2022-12-30 15:15. This represents the lowest price for Bonk(BONK) on record.
The Bonk All-Time High (ATH) was A$0.000083, which was recorded on 2024-11-20 04:00, representing the highest price Bonk has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live BONK price for the most up-to-date information.
Bonk(BONK) currently records a circulating supply of 88.00T, and its maximum supply is capped at 88.87T.
The current market cap of Bonk(BONK) is A$777.14M. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.
Bonk's 24h trading volume is A$81.37M, representing the total value of all Bonk(BONK) bought and sold across exchanges over the past 24 hours.
The current Bonk price is A$0.000009. As the BONK price fluctuates constantly, BTCC provides real-time BONK to USD prices that can be accessed at the top of our crypto price page.
Bonk can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including BONKUSDT.