chris96m t1_j414j50 wrote on January 12, 2023 at 1:29 PM Reply to [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 Totally not a Solana whales made token looking for dumb money exit liquidity Permalink 1
chris96m t1_j414j50 wrote
Reply to [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
Totally not a Solana whales made token looking for dumb money exit liquidity