Bonk (BONK)
Solana's original dog meme coin with $480M market cap; massive community but zero fundamental revenue and pure sentiment-driven price action.
Ranked 177th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
BONK scores 93 of 250 across the 25-variable framework, which places it 177th of 251 rated tokens and inside the lower half of the set. The framework verdict is PASS.
The score rests on Social Mindshare 7/10, 11th of 251, Exchange Depth 7/10, 12th of 251, BTC Alpha Potential 5/10, 13th of 251 and Market Share 6/10, 36th of 251.
Against the same universe, BONK sits in the bottom third on Treasury Runway 2/10, 240th of 251, P/S Multiple 1/10, 234th of 251, Team Execution 2/10, 230th of 251 and Competitive Moat 2/10, 223rd of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for BONK. Price has to be justified by demand rather than absorbed against a cliff.
BONK trades 95.3% below its all-time high of $0.000058. Recovering that level is a 21.3x move, not a 95.3% one, which is the arithmetic most drawdown charts hide.
The framework score gained 23 points against the previous pass (70 to 93). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 1 | 221st of 251 | |
| Revenue Trend | 3 | 117th of 251 | |
| P/S Multiple | 1 | 234th of 251 | |
| Real Staking Yield | 2 | 199th of 251 |
Supply
| Supply Inflation | 4 | 146th of 251 | |
| Vesting Schedule | 4 | 181st of 251 | |
| Circulating / FDV Ratio | 7 | 46th of 251 | |
| Buyback and Burn | 4 | 40th of 251 |
Ownership
| Smart Money Flows | 3 | 149th of 251 | |
| Insider Selling | 4 | 151st of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 2 | 189th of 251 | |
| Active Users | 5 | 38th of 251 | |
| Developer Activity | 3 | 208th of 251 | |
| Network Growth | 4 | 100th of 251 |
Position
| Market Share | 6 | 36th of 251 | |
| Competitive Moat | 2 | 223rd of 251 | |
| Institutional Adoption | 2 | 192nd of 251 | |
| Exchange Depth | 7 | 12th of 251 | |
| Social Mindshare | 7 | 11th of 251 |
Risk
| Regulatory Safety | 6 | 52nd of 251 | |
| Catalyst Calendar | 3 | 158th of 251 | |
| BTC Alpha Potential | 5 | 13th of 251 | |
| Team Execution | 2 | 230th of 251 | |
| Treasury Runway | 2 | 240th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Solana meme coin season; BonkBot Telegram trading bot generating real fee revenue; BONK burn events
Principal risk
Zero protocol revenue; 32% supply still to emit; purely sentiment-driven; rapid 90%+ drawdowns in bear markets; infinite meme competition
Market and supply
| Price | $0.000003 |
| Market cap | $243.5Mrank 144 |
| All-time high | $0.00005820 Nov 2024 |
| Circulating supply | 87,994,591,101,200 |
| Eventual supply (max supply) | 87,995,282,867,001 |
| Dilution to full supply | 1x |
| Listed on | Binance, OKX, Bybit, Jupiter DEX |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to BONK measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Sources
- [BONK Blog] BONK launched as Christmas airdrop to Solana NFT holders December 2022; revived Solana community post-FTX
- [Dune Analytics] BonkBot Telegram trading bot generates real fee revenue in SOL, partially used for BONK burns
- [CoinGecko] BONK ATH $0.0000594 reached November 2024 during Solana meme season
Common questions
- What is the Early Thunder score for Bonk (BONK)?
- BONK scores 93 out of 250 on the 25-variable framework, ranking 177th of 251 rated tokens (lower half). The framework verdict is PASS.
- What are BONK's strongest fundamentals?
- BONK ranks highest on Social Mindshare 7/10, 11th of 251, Exchange Depth 7/10, 12th of 251, BTC Alpha Potential 5/10, 13th of 251 and Market Share 6/10, 36th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the BONK thesis?
- BONK scores in the bottom third of the universe on Treasury Runway 2/10, 240th of 251, P/S Multiple 1/10, 234th of 251, Team Execution 2/10, 230th of 251 and Competitive Moat 2/10, 223rd of 251. The single risk carried on the scorecard is: Zero protocol revenue; 32% supply still to emit; purely sentiment-driven; rapid 90%+ drawdowns in bear markets; infinite meme competition
- How much BONK supply is still to enter circulation?
- 100% of eventual BONK supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is BONK from its all-time high?
- BONK trades 95.3% below its all-time high of $0.000058. Returning to that high requires a 21.3x move from the level used in this scoring pass.
- Which tokens have a similar profile to BONK?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to BONK are PEPE (92), DOGE (89), SHIB (71) and MEME (57). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for BONK?
- Solana meme coin season; BonkBot Telegram trading bot generating real fee revenue; BONK burn events
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.