1.8% of Meme Coin 'Bonk' Supply Burned… Worth 80 Billion KRW
JOON HYOUNG LEE
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Summary
- It was announced that Bonk worth approximately 80 billion KRW was burned, reducing the supply by 1.8%.
- The Bonk Decentralized Autonomous Organization (DAO) reported the approval of burning 1.69 trillion Bonk.
- The burn of Bonk, a meme coin based on Solana, suggests the possibility of a value increase through supply reduction.
Bonk (BONK) worth 54.5 million dollars (approximately 80 billion KRW) has been burned.
Solanafloor, a Solana (SOL) related news platform, announced on the 26th via X that "1.69 trillion Bonk has been burned following the approval of the Bonk Decentralized Autonomous Organization (DAO)." Bonk is a meme coin based on Solana.
The amount burned this time accounts for 1.8% of the total Bonk supply, amounting to 54.5 million dollars.
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