Go To Horny Jail Bonk Meme Long Sleeve T-Shirt

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Another avenue is to utilize analytics tools like CoinMarketCap or CoinGecko, which can provide valuable data insights on the latest tokens.

Bonk’s surge is also in part driven by a resurgence of Solana, which took a hit after crypto exchange FTX collapsed last year, as the company’s now infamous co-founder Sam Bankman-Fried was a big supporter of the blockchain, noted Aubert. Positioned for growth, Bong's chart and community dynamics draw parallels to crypto success stories, hinting at a promising future. Exchanges can pitch themselves as a “safe haven” for dabbling in speculative, hype-driven investments. However, caution is advised due to the fragility of such recoveries, especially in a bear-dominated market.The “Bonk” meme is not just a viral internet trend but a celebration of the joy and laughter brought by Cheems, the beloved Shiba Inu.

On March 19th, 2020, iFunny [1] user BaconatorSr posted an image macro of a Doge hitting another with a stick with the text reading "Go to Horny Jail BONK," gaining over 1,000 likes (shown below).BONK’s whitepaper outlines its ambition to become the “community coin of Solana,” used across numerous decentralized applications. Market Position: As of mid-December 2023, BONK was the third-largest meme coin by market cap, following DOGE and Shiba Inu, and the 43rd largest crypto overall. We use this information to make our site faster, more relevant and improve the navigation for all users.

Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. All our content is produced independently by our experienced and qualified teams of news journalists. While it is difficult to pinpoint the exact reasons for Bonk’s rally as the trading of meme coins is highly speculative, the listing of the crypto on several crypto exchanges including Coinbase and Crypto. To be sure, the trading of meme coins is highly speculative and lightly regulated, if not unregulated.Bonk, a canine-themed crypto on Solana, flipped fellow meme coin Pepe ( PEPE) after rallying over 25 percent within 24 hours. This comes less than a year after BONK launched in December 2022 aiming to inject some humor into crypto following FTX’s collapse. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. According to CoinMarketCap, it currently has the third largest market capitalization of all meme tokens. The SEC in June charged Coinbase with operating an unregistered national securities exchange, brokerage and clearing agency.