In the realm of cryptocurrency, everyone is talking about the Solana-based meme token Bonk ($BONK), because of its performance as well as the upcoming BONK Airdrop. BONK, because of its recent performance recently it outperformed a popular meme token PEPE, although BONK in the last 30 days moved over 700%. BONK’s market cap also reached the $1 billion list. 

So, in this article, we’ll get to know everything about this token, starting from What is BONK, BONK Airdrop, How anyone becomes eligible to claim BONK Airdrop and many more things. So, read till the end you’ll get to learn more about BONK and its upcoming airdrop.

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What is BONK?

According to the BONK community, BONK is a special kind of multi-utility token that is used as a medium to support the BONK community while maintaining its decentralization. It is also similar to other crypto tokens which is used to purchase anything without the help of any middleman like a Bank or SWIFT.

Along with this purchasing power using BONK, it also provides incentives to its community members for their participation in the BONK ecosystem either in the form of BONK airdrops or cool NFTs. 

Additionally, Bonk ($BONK) is a popular dog-themed Solana-based meme token in the cryptocurrency landscape. Its primary objective is to generate liquidity on the Solana-based decentralized exchanges (DEXs). However, in the past few weeks, every cryptocurrency investor become crazy for this meme token because of its performance.

How Many Tokens Will Distribute in BONK Airdrop?

As $BONK is based on the Solana blockchain, earlier on December 25, 2022, on Christmas BONK initially launched as a free airdrop to the Solana community member. During that period on Christmas Solana was also experiencing its all-time low. Since then BONK has experienced a massive adoption in the Web3 Space.

However, according to the Solana community, 50% of the BONK token’s total supply will be distributed to them. Under this Solana community, Solana NFT creators, developers, artists, and Solana Saga mobile phone owners will benefit from this upcoming BONK airdrop.

According to the data, 21% of the BONK coin is distributed among 40 Solana NFT projects. Additionally, 15.8% of the total BONK supply goes towards Solana market participants and DeFi users. While 10.5% of the BONK coin supply is going towards the Solana Artists and Collectors. An additional 5.3% of the supply is going towards Solana’s Developers.

Bonk Airdrop: A Step-by-Step Guide

To claim the BONK airdrop, you need to follow a few simple steps. So, let’s begin:

Step 1: Open the DappRadar website 

Once you open the DappRadar website you will find an Airdrop icon on the left-hand side click on that. 

Step 2: Connect Your Wallet

Once you click the Airdrop icon on DappRadar, you’ll observe a page where you will see “Choose your wallet”. Now, you have to select the crypto wallet that you have either Metamask, Trust Wallet, Binance Wallet, or other. Make sure you already have these wallets means: unused or new wallets are not eligible.

Step 3: Confirm Your Participation

Once you select your crypto wallet, confirm your participation in the airdrop in your crypto wallet interface.

Step 4: Automatically Redirection

Once the verification is completed, you will directly land on a secret BONK airdrop page.

Step 5: Confirm the Receipt of BONK Coin

After landing on the BONK airdrop page, you need to acknowledge the receipt of tokens in your crypto wallet.

Step 6: BONK Coin Automatically credit

After completion of all these above steps, the BONK coin will automatically credited to your crypto wallet.

Bonk Airdrop Eligibility 

There are a few things that you must have (BONK Airdrop Eligibility Criteria):

• You must have an old crypto wallet, either on Coinbase, Binance, Metamask, or Trust wallet, if you have then you are eligible to claim BONK coin through BONK Airdrop.
• If you come from the Solana Community i.e., Solana Developer, Artist or collector, or Solana NFT holder, you are DeFi users, early contributors, and market and promotion teams.
• You are the owner of Solana’s Saga the newly launched crypto-centric mobile phone.

If you come from any of these lists you are eligible to claim BONK coin through BONK Airdrop.

NFT projects that received BONK airdrop

If we look at the percentage of BONK tokens allocated to NFT communities: 

With the help of Famous Fox Federation Tools, almost 40 active Solana NFT projects which consist of a total of 296,000 individual NFTs will get 21% of the total BONK token in the form of airdrop. However, all 40 active Solana NFT projects have high, middle, and low-value collections as per their rarity of NFTs. Despite this BONK airdrop will be not based on NFT rarity but it will distributed to every holder of an active Solana NFT project.

But What’s Causing the BONK Coin Surge?

BONK coin in the last few weeks got humongous attention from crypto investors because of its impressive performance. Starting from November 2023 till now December 17, 2023, the BONK coin has experienced over 900% of the upside price move, which is the highest by any meme token in the past few weeks. 

However, the major reason behind this massive surge is its listing on top cryptocurrency exchanges like Coinbase and Binance. Apart from this, the significant surge in BONK also takes place because of the recent launch of Solana’s Saga crypto-centric web3 mobile phone. Earlier, the Solana community announced that the Saga owner will also get a BONK coin airdrop.

These are the reasons behind the BONK coin Surge.

How Can I Buy BONK Cryptocurrency?

There are many top cryptocurrency exchanges where you will easily get BONK tokens including Binance, Coinbase, KuCoin, CoinDcx, Bybit, and CoinEx. These are the exchanges where you can easily find BONK tokens. If you are an Indian users you can directly use Binance and Coindcx. To Buy BONK Cryptocurrency – Click here 

Conclusion

The buzz surrounding Bonk (BONK) a Solana-based meme coin in the last few weeks hasn’t been seen on any other meme token. The major reason behind this massive surge in the price of the BONK token is its recent listing on Coinbase and Binance, and also the upcoming airdrop for Solana’s Saga owners. Apart from this, the crypto wallet holder also has a chance to claim a free BONK airdrop.

Frequently Asked Questions (FAQs)

Why is bonk going up?

The major reason behind this massive surge in the price of the BONK token is its recent listing on Coinbase and Binance.

Is bonk listed on Coinbase?

Yes, Coinbase is recently listed on the US-based cryptocurrency exchange Coinbase.

Who sells bonk crypto?

Major cryptocurrency exchanges like Binance, Coinbase, KuCoin, and a few others are currently selling BONK coins.

Who got the bonk airdrop?

The individual gets a BONK airdrop because it has an old crypto wallet, either on Coinbase, Binance, Metamask, or Trust wallet. And also Solana Community i.e., Solana Developer, Artist or collector, or Solana NFT holder, you are DeFi users, early contributors, and market and promotion teams.