Bonk (BONK) is a new meme token with Shiba Inu decals that sent out half of its complete 56 trillion token supplying. In an airdrop, a cryptocurrency will release a no cost provide of its tokens to quite a few crypto wallets as a consumer acquisition tactic or as a reward for neighborhood members.
The Solana neighborhood has proven enthusiasm for BONK, main to a revival of SOL. The value is up 17.seven% in the previous day and 25% in the previous week, reaching $13.85 at the time of creating. Solana NFT Collection obtained about twenty% of Bonk’s airdrop provide or about 300,000 tokens.
According to CoinGecko, the Shiba Inu-themed meme coin is also up a lot more than a hundred% in the previous 24 hrs.
However, some look to assume that disgraced FTX founder Sam Bankman-Fried is the mastermind behind the new meme coin. Here’s why.
Bitboy Crypto Says SBF Is Behind BONK
Ben Armstrong, improved regarded as “Bitboy Crypto” and well-known crypto influencer and YouTuber, has stated that SBF and Alameda are accountable for Bonk.
He speak, “If you assume it really is not possible for SBF/Alameda to be behind BONK, you are intellectually dishonest. I’m not saying it really is assured, but the a lot more I search at it, the a lot more I feel it really is feasible.”
However, this see was not shared by commenters on the publish, some of whom mentioned Armstrong was “deranged” and obsessed with SBF.
Bonk has acquired traction, but it will very likely adhere to the trend of other meme tokens and encounter a pump, followed by a extreme drop with very little or no rebound. However, it has boosted the Solana ecosystem at a time when some look at it dead.
This is the most encouraging information for the Solana industry in the previous two months because the collapse of crypto exchange FTX in early November, which sent SOL rates down and diminished curiosity in the location.