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About Bonk (BONK)

BONK, the first dog-themed cryptocurrency on Solana, was created “for the people, by the people.” It shares similarities with memecoins like Shiba Inu (SHIB) and Dogecoin (DOGE), except for the fact it is built atop the Solana network.  

Launched on December 25, 2022, with 50% of its total supply airdropped to the Solana community, BONK’s debut led to a 34% rise in SOL token prices within 48 hours. Trading started on December 30, 2022, sparking significant interest in the crypto community.  

The team aims to rejuvenate liquidity in Solana’s decentralised exchanges (DEXs). They envisioned BONK as a community-focused coin integrated across Solana’s dApps, offering users a chance to join an equitable ecosystem. An added incentive came in the form of the Solana phone (known as the Saga), whose owners were airdropped a significant amount of BONK. This led to a massive surge in demand for the device (and cryptocurrency) in late 2023. 

Presently, BONK maintains a modest online presence, with an active Twitter account being its main digital platform.  

How to Buy Bonk (BONK) in Australia

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Where is the best place to buy Bonk?

The best place to buy Bonk is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bonk and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Bonk determined?

The price of Bonk is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bonk is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Bonk are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Bonk with credit card?

Swyftx does not allow you to directly buy Bonk with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Bonk instantly.

Top Traded Assets on Swyftx

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BONK Buys and Sells

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85% Buy

Period: Last 24 hours

This should not be used to make investment decisions.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.