Cryptocurrency

BONK diluted market cap crashes $140M, Whitepaper link added

Hull Invest

BONK wiped out over $140 million in diluted market cap in the last six hours, according to Coinmarketcap data.

The total number of BONK holders on January 4th was about 98,000. Solscan data.

A link to the project’s whitepaper (called BONKpaper) was added to the website to highlight the goals behind the team at Token.

However Bonk paper It does not include key aspects you would normally expect in a whitepaper, such as tokenomics, team members involved, and other fundamentals behind the project.

With over 380% year-to-date gains, BONK is poised to compete with Dogecoin and is “the first Solana dog coin, for people and by people.”

At the time of writing, BONK is priced at $0.000002259, down 51% from its all-time high of $0.000004922 on January 5th.

Posted In: Analytics, Tokens

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button