Guide: 40 NFT projects that got BONK airdrop and where to buy BONK?
BONK, the newest meme coin, has been trending for the past week following massive price gains. While still fresh, the BONK community has grown rapidly and has secured multiple listings on various exchanges.
BONK is a dog-themed Solana meme coin similar to Ethereum’s DOGE coin. Coin developers were fed up with ‘Alameda’s’ toxic economy taking a toll on the Solana ecosystem, and BONK was a means to vent the pressure.
Solana’s troubles began when analysts revealed that FTX’s Sam Bankman-Fried (SBF) was a key supporter of the ecosystem.
BONK seeks to realign Solana’s vision by rebuilding and uniting the Solana community.
BONK airdrop
Developers distributed 50% of the meme coin’s total supply to the Solana community, especially Solana NFT holders, DeFi members, art collectors and developers. They set aside the remaining half to align incentives and ensure the project continued to thrive in the future.
They distributed 20% of the supply to 40 active Solana NFT projects representing over 296,000 individual NFTs.
They distributed 15% of the offer to users who made open book trades. The eligibility criteria was kept secret, but ensured that even users with small balances qualified.
10% of the offer was to go to collectors and artists of 1/1 art.
5% will go to Solana developers, 20% to 22 early contributors, 5% to future development, 15% to BONK DAO, 5% initial liquidity and 5% to marketing.
NFT projects that got BONK airdrop
Developers chose NFT projects for the airdrop spanning low, mid and high cap projects to prevent all tokens from pooling to holders of expensive NFTs. The developers picked eligible NFTs from a snapshot of removed NFTs and distribution done through Fox Federation Tools.
Here are the 40 NFT projects receiving the coin:
ABC, Anon club, Anybodies, Atadia, Aurory, BSL, Boogles, Catalina Whales, Claynosaurz, Communi3, Crypto Duck Punks, Cyber Samurai, DCF, DAA, DTP, Degods, Elixir Vols, FFF, Frakt, Galactic Geckos, Helions , Jelly Beasts, Liberty Squirrels, Lily, Lotus Gang, MBB, OG Pengus, Pengu Bots, Orcanauts, Pawnshop Gnomies, Primates, SAMO DAO, Sol Slugs, SMB, Solgods, Solslimes, SVPLY Chail Male bots, Taiyo gen1, TFF and Y00ts .
Most of these NFTs have received the airdrop, while the rest are stuck in a contract, burned or not completed.
Where can you buy BONK?
Despite its recent release in December 2022, the meme coin has secured listings on multiple exchanges.
Here are the exchanges where you can buy it and the corresponding trading pairs
BKEX currently accounts for the largest share of BONK’s trading volumes at 54.07% against USDD. The exchange has a strong presence in Asia.
According to Coinmarketcap, Huobi gives global BONK/USDT the highest liquidity score of 377. Higher liquidity score means lower slippage on different order sizes.
Other exchanges include Gate.io, Bybit, MEXC, LBANK, CoinEx, Bitrue, Bitmart, Bitforex, DIgifinex, BingX and Hotbit.
Stated trading pairs include USDT, USDC and USDD.
SOL price, Bonk price analysis
According to Coinmarketcap, BONK first traded at $0.0000001078 on December 30, 2022. It then rose steadily and took off in 2023. At press time, the meme coin was trading at $0.000004475, up 145% in 24 hours at $105.95 with trading volume of $105.95.
The coin is ranked #2594 by market capitalization with a market capitalization of $250,042,511.
Solana SOL assumed an uptrend in 2023, but has fallen 5% in the last 24 hours to $13.21 with a market cap of $4,857,900,311.