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Why is Solana's counterfeit dogcoin Bonk so popular?

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After more than a month of being under the constant shadow of FTX and Alameda thunderstorms, the Solana community is finally starting to have the courage to face up to the difficulties and try to get rid of the "VC chain" and SBF by self-mockery.

Original title: "Why is Bonk on Solana so popular?"

Original author: Nianqing, ChainCatcher

Over the past few days, Solana Eco seems to have swept away the shadow of 2022 and is immersed in a positive, joyful atmosphere. Whether it's because of the positive comments about Solana from Vitalik and others, or because of the Shiba inu-themed meme coin Bonk, Solana's SOL Token has finally broken the curse of the single digits in the past few days and risen to double digits again.

Solana has been in the doldrums since FTX and Alameda blew up. But the 2023 New Year is off to a heady start, even though SOL prices started to fall yesterday.

有不少人将这种积极情绪归功于持续激增的 Bonk 的热度。BONK Token 自 12 月末上线开始便在一片质疑声中持续上涨，撰写本文时，据 CoinmarketCap 数据，过去 24 小时上涨近 200%。BONK 最高上涨近 40 倍，最高价 0.00000349 USDT，最低价 0.000000086142 USDT）。

据 Dune 数据统计，截止到 1 月 4 日，Bonk 的累计用户已达 64325 个，其中新用户数为 16992 个。此外，Solana 链上交易与活跃用户在近期显著提升，除了 SOL Token 的增长，Solana 生态其他项目也因参与 Bonk 空投和集成变得活跃起来。

Why is a copycat meme still so popular?

1. What is Bonk?

Bonk is Solana Eco's first dogecoin. According to Bonk's official Twitter account, the Bonk project began planning on December 9, 2022, and called on Solana Eco to interact with other projects. Then on December 25, just in time for Christmas, Bonk launched a massive airdrop for Solana Eco.

据官方介绍，Bonk 一共发行了 100 万亿 BONK Token ，50% 的 Token 空投给 Solana 社区，这包括 LamportDAO 的开发人员（LamportDAO 是 Solana 建设者的中心）、Famous Fox Federation 等 NFT 项目的持有者，甚至空投对象也包括此前宣布迁移至其他链的 DeGods 等。空投具体分配如下：

20% goes to the Solana NFT Collection, which includes 297,000 individual NFT

15% to early openbook traders

10% to Solana Artists and Collectors.

5% to Solana developers

Most of the remaining supply is locked up in BONK contributors' vesting contracts.

Solana 社区的大部分成员都收到了 BONK Token ，这样一场合家欢的「假日空投」很难不让人兴奋。BONK 在空投后成为 Solana 开发人员和社群成员的对话和推特热点。尽管被塑造成 meme 币，Bonk Token 在 Solana 生态中也正在获得稳定的采用。据Bonk 官网统计，Bonk 目前已经与 27 个项目集成，包括开源钱包 xNFT Backpack、去中心化交易平台 Orca、流动性聚合器 Jupiter、支付工具 Helio Pay 等，甚至 NFT 交易市场 Magic Eden 也发推表示考虑集成 Bonk 作为新的支付币种。

It is worth mentioning that in addition to air drops, Orca liquidity providers also benefit. About $29.3 million was traded in BONK/SOL pairs over the past 24 hours, while more than $13.63 million was traded in BONK/USDC pairs, according to Orca. BONK and trading pairs now account for nearly 60% of ORCA's total trading volume in 24 hours.

These projects also introduced a "destroy" mechanism for Bonk. In addition, Bonk launched its ".bonk "domain name platform on New Year's Day, destroying 690 million Bonks to create a domain name.

2, "Bonk" Cultural analysis of Meme

Let's analyze from the cultural level, why a seemingly uninnovative copycat currency can become popular.

"Bonk" is a terrier you're familiar with if you've done a lot of painting. The image of Cheems, an online Shiba inu, being hit on the head with a blunt object can be used as a self-deprecating 'mourning' sign that he is being punched, or in situations where he wants to punch someone. The meme is known as Bonk, which is the sound of being hit on the head.

据 Bonk 的官网描述，Bonk 的贡献者厌倦了有毒的「Alameda」 Token 经济学，如 Alameda 在 Solana 上推出的欺骗性 Token FTT、SRM、OXY、MAPS 等，这些 Token 具有低流通量、高 FDV 的特点，其价格很容易被操控、并使财富只掌握在少数人手中。因此，Bonk 希望制作一个有趣的 meme 币，让每个人都能得到公平的机会。

After more than a month of being under the constant shadow of FTX and Alameda thunderstorms, the Solana community is finally starting to find the courage to face up to the difficulties and try to get rid of the "VC Chain" and SBF by self-mockery (which sounds pretty hot).

Solana 社区成员 @0xbustos 甚至还制作了一个 BONK meme 游戏，一只柴犬拿着棒球棒敲 SBF 的头，花费 BONK Token 即可开始游戏，并配文「Felt angry, bonked Sam again, felt great.」

Perhaps the catharsis resonated with the community to a certain extent, but I believe more people were still infected by BONK's beautiful K-line: ) Nevertheless, Bonk did inject a lot of blood into Solana and the community in the midst of a downturn, a flash in the pan, and a boom in the beginning, which is a good start to the year for Solana after a big shakeout.

In Bonk's opinion, both the degree and timing of Solana's ecological interaction are similar to a long-planned "enclosure and self-eruption" of Solana's ecological development, or perhaps it is one of the solutions that Solana's ecological developers are using to revive their efforts. In the highly uncertain macro environment, it remains to be seen how much room BONK has for growth. Please treat the irrational prosperity of Solana rationally.