[OC] New memecoin Bonk saw a 300% price return in the first 8 days, compared to 141 days for Shiba Inu and 1,253 days for Dogecoin for the same threshold. Bonk’s launch strategy, which involved airdropping 50% of its total supply to a wide base of Solana users, drove its price spike.Submitted by coingecko t3_109sgzg in dataisbeautiful
eddy_talon t1_j40m5v1 wrote
Reply to comment by eddy_talon in [OC] New memecoin Bonk saw a 300% price return in the first 8 days, compared to 141 days for Shiba Inu and 1,253 days for Dogecoin for the same threshold. Bonk’s launch strategy, which involved airdropping 50% of its total supply to a wide base of Solana users, drove its price spike. by coingecko
It's a pyramid scheme.
eddy_talon t1_j40m69n wrote
I'm just sayin'.
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