BONK: what it is, and is it safe?
Solana memecoin · DezXAZ…B1pPB263 · Last checked
What is BONK?
Bonk (BONK) is a Solana memecoin built around a Shiba Inu dog mascot and widely described as the first dog-themed coin on the network. The BONK coin was pitched as a "community coin of Solana," and its whitepaper framed it as a reaction to venture-backed tokens that its authors felt had taken advantage of Solana users. That origin story, plus its long run in Solana culture, is why many people treat it as the chain's flagship meme.
The token was created in December 2022 and reached the public through a Christmas Day airdrop. According to the whitepaper, half of the supply was set aside for the community, split among Solana NFT projects, traders and DeFi users, artists and collectors, and developers. No public team is named. Bonk later gained centralized exchange listings including Coinbase, Binance, KuCoin and Bybit, alongside Solana DEXs such as Raydium, Orca and Jupiter.
The project runs the X account @bonk_inu, the website bonkcoin.com and the Official_Bonk_Inu Telegram. The team describes uses such as tipping and integrations across Solana apps; treat these as project claims. Review the holder, liquidity and trading checks on this page before forming a view.
Updated 24 Oct 2026 · Sources: www.techopedia.com, www.newton.co, Oracle Owl's own on-chain checks
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The Owl's verdict: High risk
From the Owl's checks on contract, liquidity, holders, team and launch
High risk at this stage - collapsing: down 100% from its high on our scans (28 Oct). The contract checks out (sells go through with no tax and the dev can't touch the contract), which most new coins can say. Keep an eye on this - the top 10 wallets hold 25%. It launched without the usual tricks.
What checks out
checked facts · not a price call- Dev holds none of the supply
- Mint authority revoked, 12% of the supply burned
- Freeze authority revoked
- Sell route works
- No top holder is tied to the launch wallets
- 24 linked wallets held 20.35% at launch and hold 0% today
The one thing to know: Liquidity not locked
BONK at a glance
- Can you sell?
- Yes · no tax
- Dev powers
- None found
- Liquidity
- $1.2M · 16% locked
- Selling $1,000
- moves the price ~0.3%
- Who holds it
- top 10 hold 24.8% · dev 0.0% · launch buyers ~0%
- The dev's record
- Serial launcher: 9 earlier coins from this wallet, 0 graduated
- Bought before the public
- Nobody
- The dev's own bag
- Minted the supply to itself · first-hour selling not read
- Snipers in the first seconds
- None
The full report
Every check with its evidence: who bought before the public, the deployer's earlier coins, linked wallets among the top holders, and where the liquidity sits.
Open the full reportBONK: common questions
- Is BONK safe?
- No memecoin is safe. Our verdict today: High risk today: Collapsing: down 100% from its high on our scans (28 Oct).
- Can you sell BONK?
- Yes · no tax, from our sell check at the last scan.
- Is BONK's liquidity locked?
- $1.2M · 16% locked.
- Who holds BONK?
- Top 10 hold 24.8% · dev 0.0% · launch buyers ~0%.
- Who launched BONK?
- Serial launcher: 9 earlier coins from this wallet, 0 graduated.
- What is BONK's contract address?
- DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263
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BONK: automated on-chain checks, the same for everyone. Not financial advice. A snapshot at the time of the check: refresh before you buy.