1/ How does #BONK's growth compare to other memecoins? 🐶
$BONK saw a 300% price return in the first 8 days, compared to 141 days for $SHIB and 1,253 days for $DOGE for the same threshold.
Read the full study: gcko.io/ws4d60v
$BONK saw a 300% price return in the first 8 days, compared to 141 days for $SHIB and 1,253 days for $DOGE for the same threshold.
Read the full study: gcko.io/ws4d60v
2/ On January 5, $BONK hit an all-time high of $0.00000487, resulting in a gain of 3,649% and a market cap of $204,964,399.
This success can be attributed to @bonk_inu's airdrop strategy, where 50% of its total supply was distributed to a wide base of @Solana users.
This success can be attributed to @bonk_inu's airdrop strategy, where 50% of its total supply was distributed to a wide base of @Solana users.
3/ This differs greatly from the $SHIB token airdrop in August 2020, where the anonymous creator, Ryoshi first locked 50% of the tokens in @Uniswap and sent the rest to Ethereum co-founder Vitalik Buterin's wallet.
4/ Bonk's growth has also had a positive impact on @Solana, with its native token $SOL seeing a 63.5% price increase from $9.97 on January 2 to $16.30 on January 10, 2023.
5/ Methodology: This study examines the percentage price returns of $BONK, $DOGE and $SHIB in USD, from January 1, 2021 to January 10, 2023.
6/ Enjoyed this thread? Check out the full study below ⬇️ gcko.io/ws4d60v
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