When Bonk coin was first introduced during the Christmas season of 2022, the Solana community was deeply affected. Amidst initial concern with a bearish price prognosis for Solana, BONK gradually gained traction, attracting a sizable stakeholder base of 400,000 and solidifying its position as one of the most popular tokens on the platform. By leveraging viral marketing and meme culture, BONK leveraged the potential of their decentralised coin on the Solana blockchain to establish a network of supporters and investors. Bonk coin has positioned itself for success in the cryptocurrency space by garnering attention from prominent publications such as CoinDesk and mainstream media channels like Bloomberg.