Bonk BONK

What BONK actually is on-chain

Bonk is an SPL token deployed on Solana, at contract address DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263. That address, not the ticker BONK, is what uniquely identifies this asset: anyone can deploy a second token calling itself BONK, but the contract is unforgeable. Verify it against solscan.io before sending funds or approving a spend.

On Solana the token account model means BONK is held in an associated token account derived from the mint above, and a wallet has to be rent-funded in SOL before it can receive the token at all. Fees are a fraction of a cent, so the cost of trading BONK is dominated by pool slippage in Raydium and Orca pools, not by gas — the opposite of the EVM case.

3 other assets tracked on this site also use the ticker BONK: Bonk On Base (Base, 0x7249…18c8); BONK on ETH (Ethereum, 0x4fba…9b64); Based Bonk (Base, 0x2Dc1…C8B9). The asset on this page is specifically the Solana deployment at DezXAZ…B263. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For BONK the project publishes a whitepaper and an active account as @bonk_inu. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where BONK sits in the market

At #97, Bonk sits in the bottom of the large-cap band, adjacent to the mid-cap cut-off. Down here the large-cap label is doing less work than it appears to. BONK is one revision away from the mid-cap band, and the practical consequences of crossing that line — index eligibility, market-maker commitments, how much size the book absorbs — change well before the ranking does.

CryptoPingAi is currently streaming 6 live BONK order books (Binance, OKX, Gate.io, MEXC, HTX, Bithumb). That is coverage in line with a #97 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

BONK against its all-time high

BONK trades 95.0% below its $0.00005825 record (on 2024-11-20), which puts a 19.8x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

BONK across its historical range

BONK has traded across a 647x range, between $9.00e-08 and $0.00005825. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

Spot is about 32.7x above the all-time low of $9.00e-08 (on 2022-12-29) — a substantial recovery, but one where a meaningful share of the holder base still has a cost basis within the visible range rather than far beneath it.

BONK supply structure

BONK has a hard cap of 88.00 trillion BONK, with 87.99 trillion of it already in circulation — 100.0% issued. Issuance is effectively finished, so there is no scheduled dilution: every future change in market value has to come from price, not from supply mechanics. That removes one of the two variables you would otherwise have to track.

What kind of asset BONK is

Bonk is a meme asset. There is no cash flow, no fee capture and no fundamental anchor to value it against, which is a description rather than a criticism — it means the price is set entirely by attention and reflexive flow. In practice, volume moves first and price follows, so a volume spike is the leading signal for this class while an oscillator reading is a lagging one. Moves are larger, faster and mean-revert harder than in assets with a revenue story.

CoinGecko files BONK under 10 categories, including BNB Chain Ecosystem, Solana Ecosystem, Polygon Ecosystem, Meme, Arbitrum Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Solana (3,129 tracked tokens), Polygon (531 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Bonk alert that is worth receiving

Bonk is the SPL token at DezXAZ…B263 on Solana — quoted on 6 venues we stream — high dated 2024-11-20 — rank #97. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →