Bonk Team to Burn 1 Trillion Tokens Before Christmas
The Bonk (BONK) team announced plans to burn 1 trillion BONK tokens before Christmas. Currently, BONK is trading at $0.00005308 and has increased by 112% in the past week.
In a social media post, the team introduced “BURNmas,” an event that started on November 15th and ends on December 24th. The event will feature periodic token burns based on community engagement.
On December 25, the BONK accumulated through community activities will also be burned. Specific actions leading to token burns include:
- 1,000 BONK burned for each post using “#LetsBONK” on X, equating to approximately $0.05248.
- 10,000 BONK burned for each new subscriber on Instagram, TikTok, and YouTube, worth about $0.5248.
- 10,000 BONK burned for each view of the Team BaoBao animation show.
- 50,000 BONK burned for each bet placed on BONKbets.io, equivalent to $2.624.
- 50,000 BONK removed for each BONKmark card sent via BONKmark.com.
- 100 BONK burned for every step tracked on Moonwalk Fitness.
- 100,000 BONK removed for each new holder of Bonk Earn (BERN).
- 50,000 BONK burned for every dollar traded on BONK.LIVE and Saturnbot.
BONK Price Trajectory and Prediction
According to predictions, BONK could reach a maximum price of $0.0001120 by the end of 2023 and $0.00002451 by December 2025. Long-term forecasts suggest a rise to $0.009847 by 2030.
BONK has decreased by 1.58% in the last 24 hours but has gained 116.84% over the past week. Since November 2023, it has increased by 1,734.91%. Its market capitalization is currently $3.87 billion, ranking 30th overall in the cryptocurrency market and fourth among meme coins.