Bubble
Bonk BONK
Bonk (BONK) was trading at $0.000002930, ranked #143 by market cap at $257.69M, with 24h volume of $41.85M.
Data snapshot: 2026-09-02 12:15 UTC.
Bonk launched at the end of 2022 by airdropping half its supply to the Solana community, arriving when Solana activity had collapsed after the FTX failure and widely credited with helping revive it. It is a meme coin with no utility claim, though it has since been integrated into a number of Solana applications as a fee or reward token. BONK arrived at a specific moment: Solana's price and reputation were at their lowest after the collapse of a major exchange closely associated with the chain, and BONK was airdropped widely to Solana users rather than sold. It became a rallying point for that ecosystem's recovery, which is why it is remembered as more than a meme launch. Its price has since traded closely with Solana ecosystem sentiment. On this map that correlation is the useful thing: BONK often moves as a leveraged expression of how the Solana ecosystem is doing.
How was BONK distributed?
Largely by airdrop to Solana users and developers rather than by sale, at a time when the chain's reputation was at a low point.
Why is it tied to Solana?
It emerged from and was distributed to that ecosystem, and it became a symbol of its recovery. Its price has traded closely with Solana ecosystem sentiment since.
Is BONK correlated with SOL?
Historically yes, and with larger percentage swings — it has often behaved like a higher-beta expression of Solana sentiment.
Does Bonk have any utility?
It has been integrated into various Solana applications, but its price behaviour is driven by sentiment rather than by that usage.
Market cap decides how big a bubble is drawn, so rank is what places BONK on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #103 | SPX6900 (SPX) | $502.31M |
| #139 | BitTorrent (BTT) | $287.66M |
| #143 | Bonk (BONK) | $257.69M |
| #159 | FLOKI (FLOKI) | $227.56M |
| #172 | dogwifhat (WIF) | $193.69M |