Based on an announcement made on the official X account, Bonk (Bonk), one of many well-known Mimecoins of the Solana Ecosystem, will host a token burn occasion after reaching the extent of 1 million items of token holders.
In an announcement, Bonk builders introduced that the token burning quantity has been set to 1 trillion tokens. This quantities to about $22 million on the time of writing. Bonk at present has a market worth of roughly $1.8 billion.
The builders didn't give a transparent date or time, however introduced a couple of minutes in the past that they have been about to achieve one million token holders.
1 million holders quickly
After that, a trillion greenback Bonk burned
– bonk!!! (@bonk_inu) July 7, 2025
It’s unclear whether or not the burning token can be bought from a circulating token and burned, or from a developer-owned token.
It shouldn’t be forgotten that Memecoin is a very dangerous asset. In such developments, the anticipated impacts could not come every so often or will not be priced upfront, particularly within the cryptocurrency market and Memecoin. It also needs to be famous that burn ranges are decrease in comparison with complete market worth.
*This isn’t funding recommendation.
