丰密|Nov 13, 2025 10:15
On the first afternoon of last week's Binance learning camp, Bitwu teacher @ Bitwux and I coincidentally chose to go to Yaoquan Temple to pray for blessings. At that time, we thought that few people would go to this kind of activity because it was too 'quiet'.
I didn't expect this choice to bring about an unexpected conversation.
We met Kenny @ superanonymousk, the founder of Manta Network, and we talked a lot along the way, from Manta's explosive airdrop that made countless people celebrate, to ecological construction, Layer 2 narrative, and one of the new projects he is currently supporting @ junkfun_ https://www.junk.fun/ ''
Kenny said that this is actually a product jointly launched by BONK and Manta, using Solana's account rental mechanism to clean up junk coins in the wallet with one click, release occupied SOL rent, and earn project points, which can also be used for lottery and event rewards. This pattern has an interesting idea, simple, efficient, and highly Solana style.
This reminds me of LetsBank, the most well-known MeMe launch platform in the BONK ecosystem, a project that maximizes the issuance of community co created assets.
After returning, I specifically researched the current situation of BONK and had a deep conversation with Danielle @ sky9e11 from the BONK Chinese community @ bonk_inu_zh, hoping to see more project opportunities in the BONK ecosystem.
My understanding of BONK was too fragmented before, but after chatting, I realized that:
BONK started with Meme, but it's not just Meme. BONK is redefining Solana's community culture and application ecology in an ecologically resonant way.
Danielle said she hoped I would write about BONK along with it, and gave me some merchandise to give to my friends. After checking, it was mostly clothes and yoga clothes
1. BONK was born at the end of 2022 during Solana's most difficult phase. At that time, FTX/Alameda collapsed and Solana was labeled as the 'Chain of SBF'. Funds have fled, projects have come to a halt, and community confidence is approaching collapse. SOL has been falling from $250 to below $8. Against the backdrop of almost ruins, a group of Solana OGs want to do something different, not relying on VC or funds, but on a token initiated by the Solana community itself, the dog themed Meme coin on Solana,
So, BONK emerged.
2. BONK's airdrop, known as the most community-based in history, had no team reservations or capital controls, with 50% of the tokens directly airdropped to the community (NFT project owners, developers, traders, and ecosystem participants). Overnight, countless Solana veteran players had tens of millions of BONK in their wallets. At that time, this airdrop not only brought about wealth effects, but more importantly, reactivated the Solana ecosystem.
3. One year later, the story reached a turning point. In December 2023, Solana officially launched its Android phone Saga, which had originally had poor sales, but due to an unexpected decision, it was completely overturned. At that time, each phone came with 30 million BONK as a bonus. The price of BONK has skyrocketed, and the market value of the tokens attached to each phone even exceeds that of the phone itself. Thousands of people rushed to purchase Saga, and the official store cleared its inventory within a few days. This airdrop became a turning point in Solana's narrative, at least proving that giving users big airdrops and benefits is a very effective means, and also making BONK a hot topic on the entire network from a community Meme.
4. Subsequently, BONK's market value exceeded 1 billion US dollars, and the Solana ecosystem fully recovered. What impressed me the most was the market situation during that period, where SOL started selling wildly from $15, Meme、DePIN、 Ecological project airdrop (JUP+W wormhole) flies together, and on chain activities erupt. The entire fundamentals of SOL have undergone significant changes, and everyone's confidence has returned.
5. In the Meme craze, the most eye-catching one is LetsBonk. This' MeMe launch platform 'once held an 80% market share and became a traffic center for new coin issuances on Solana. The only platform that can compete with Pump, who is more successful? I cannot give a very objective evaluation, but what is certain is that they have all stood on the top of the Meme frenzy, men on the mountaintop, overlooking how community forces have torn apart the ceiling of the market and made SOL a darling.
6. Against the backdrop of Pump being investigated by the SEC for market manipulation and Solana's market label gradually becoming a "casino chain," both the authorities and the community have realized that pure emotions and speculation cannot support the long-term development of the ecosystem. SOL is seeking change, and BONK has begun to attach importance to the Chinese community, emphasizing that it is not just a Meme, but has been actively building a multidimensional ecosystem around BONK.
➤ Support token value with real applications and revenue, and drive ecological circulation with community consensus.
7. At present, BONK has been integrated by over 400 third-party applications, forming a platform covering trading, art, sports AI、 An ecological network with multiple directions such as social interaction and gaming.
Representative projects include:
http://BONK.fun - Meme Launch Platform
http://BONK.live Real time interactive platform
BONKSwap - Native DEX
BONRewards - Pledge and Revenue Platform
Moonwalk is a step like fitness game
BONKmark / BONKbets / BONKai / Moonwalk Fitness / Exchange Art / Buddies for Paws / Junkfun wait
For specific information, please refer to this tweet "Overview of BONK Ecological Native Products": https://(x.com)/bonk_inu_zh/status/1983861526277861478
Deconstructor Beyond @ 0xBeyondLee has done a more direct and clear (really awesome)
8. Through these products, BONK has established an ecological self circulation income model, with over 50% of the ecological income used for repurchasing and destroying BONK, and the remaining portion distributed to BONK rewards pledgers, repurchases, and locked in BONK DAT; Mainly for the long-term reduction of market circulation, forming sustained deflation and value accumulation.
It is worth mentioning that in terms of capital and compliance, BONK has officially listed on Nasdaq (BNKK) and will launch BONK DAT in September 2025, with a target of $120 million in BONK (approximately 5% of the total). Currently, more than half of it has been completed, and 228.9 billion BONKs have been acquired. Simultaneously initiate the ETP/ETF application process. According to calculations, BONK has cumulatively destroyed 12-13% of the circulating supply, and with DAT lock up, a total of approximately 17-18% of the tokens have been permanently removed from circulation.
10. Strategically partnering with World LibertyFi, BONKFun has become the only official launch pad for the Trump family USD1.
From the perspective of ecological value, we can take a look at what Danielle wrote
https://((x.com))/sky9e11/status/1988543603644530800? s=20
The path from community culture memes to brands supported by business models, and to projects that continuously create value, is not easy,
But it is precisely this difficult path that requires some projects to explore.
For more content, follow+BONK Chinese Community @ bonk_inu_zh
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