If you missed it and are currently feeling fomo, I would advise you to not buy this shitcoin as the top 20 holders own 50% of the supply. That is insane. A dump will occur at any point and retail will be left holding the bag AGAIN. Not long ago Vitalik said that the grifters and scammers have left the SOL ecosystem, well I guess not.
For those who would like to check for themselves: https://solscan.io/token/DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263#holders
They claim this on their website
Bonk is the first Solana dog coin for the people, by the people with 50% of the total supply airdropped to the Solana community. The Bonk contributors were tired of toxic “Alameda” tokenomics and wanted to make a fun memecoin where everyone gets a fair shot.
LOL. 20 holders own 50% of the supply and they are talking about everyone getting a fair shot. yeah right.
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I remember this being shilled on 4chan a while back. Seems a bit too good to be true
God bless Bitcoin.
How do they come up with these names? Bonk doesn’t exactly inspire confidence.
Just what the world needed, another Dog shitcoin.
Despite what people say BONK is a totally appropriate name. It will BONK you out of your life savings.
“fun memecoins where everyone gets a fair shot”
Yeah, it was always meant to be a scam.
“Shut up and take my money!”
That BONK shitcoin been out there for more than a year… same as SAMO, Moonlana and other shits
Who the fuck is gonna fomo in a shitcoin in solana in bear market? You must be highly regarded
Correction: Everyone got a fair shot to lose their money!
Goddamn the top 2 wallets have 25% of the supply. WOWWWWW.
Vitaliy a genius but that was a dumbass statement. Solana, on top of being trash, is full of scammers just like everywhere else is. Lol
Not to be a dick or anything but every time /r/cc warned me about fomo it turned out to be the best time to buy.
I don’t know why you quoting vitalik he himself dumps shitcoins sent to him
Oh, man people are getting rich by these scams and shitcoins and here I am waiting for BTC to pump!
The kind of people who could use a warning about shitcoins aren’t the kind of people who will accept information critical of their shitcoins.. anyone dumb enough to throw money at this is simply paying their tuition fee to the market for the lesson of “why you don’t throw money into something you don’t understand.”
I’m not buying any shitcoin in the current environment. In fact, I’m done with them altogether.
Instructions unclear, dumping $100k into BONK.
We’re still probably gonna see some post next month how somebody lost five figures to BONK, huh…?
I have matured thanks to last bull. I dont feel FOMO anymore because i burned my fingers many times trying catch mooning rocket. Now only FOMO i have is that i dont have enough time to accumulate my favourite cryptos
Well the “blue chips” havnt done me any favours so might as well try joining the boink crew…need another bag to hold anyway.
This is a shill post.
Lol they are shilling it on this sub too.
Not my first pump & dump rodeo.
“I think we’ve seen this show before, and we didn’t like the ending.”
It is clear as day to me that this is a scam just by looking at the name. If it was called BonkInuSafeCumRocket I would have thrown my money at it, but for this one I’ll pass.
The only “BONK” I know is “BONK go to horny jail” meme.
Shorting BONK
This would be very good advice if I could read.
Soft shilling a scam. Cool sub.
I understand the point behind these posts, but does this not sort of exacerbate the issue by essentially giving them free advertising?
People who wouldn’t know about this coin but happy to use crypto for gambling might be tempted after seeing this, thinking they can game the system.
Phew, I’m glad I saw this post. I was ready to drop my life savings in BONK
Another sick rug pull
Haha I’m staying farrrrrr away from bonk
Quick question. How do I get a heads up when theres gonna be a pump and dump? I’d like to try it from the other end of the spectrum to see how I truly feel about it.
I know who’s behind this….
Finally, I can watch a coin become a scam in front of my eyes, thank you kind stranger!
Plot twist: the OP is the creator of BONK and the post is next level marketing spreading awareness of this unique opportunity.
Universe have border, but human stupidity no..
20 hodlers is like half of their community? or how large is this shitcoin in real size? seems like noone ever heard about it here, lol
Never again will I buy shitcoins. I’m just done…
We’re back boyzzzzz!!!!
The fact we are still seeing shit like this makes me believe we are nowhere near the bottom
Do you accept bonk token?
Usually when everyone here hates on a dog meme coin (doge and Shiba Inu) for example it just goes ballistic. Everyone says stay away from it and then it proceeds to do a 10x, 20x or 30x before it dumps
how can the bottom be in when shit like this is still happening
2021 vibes
The total market cap is $127.85 million. The top holder has around $20 million.
900% UP and “Do not fomo” please
What do u think will happen? 😀 😀 😀
what’s the best way to short this?
Degens will be degens! Good effort though on spreading the awareness!
It’s doubled since this post 😂
The fact that you even have to post this… Shows how hopeless the crypto community is
It’s crazy that the people who are free-thinking enough to see the brokenness of status quo finance, just jump headfirst into scams that are even more obvious