"BONK" is a shitcoin hosted on solana network, it is one of the many dog themed shitcoins (exaples: SHIB, HUAHUA) that popped up in the last bullrun.

This one is based on a popular "bonk, go to the horny jail" meme.

It is also pumping up, probably because SOL got a small pump recently (its still like 80% down lmao). Please do not let FOMO win and do not buy this token [not a financial advice]. You might ask me why? Here's why:

1. It is one of many dog shitcoins.

2. It pumped 900% in a week which means, if you wanted to make any money on it, it is already too late.

3. Top 20 holders own 50% of supply.

It really looks like a pump and dump.