Bonk: The Dog Coin of the People
Bonk was launched on Christmas day in 2022 in the wake of the FTX collapse. The Solana ecosystem was hit hard due to SBF’s close ties to the community, with many questioning if the ecosystem would recover. Bonk was launched in an attempt to raise spirits within the ecosystem, which earned Bonk the title of “the dog coin of the people.” Bonk’s ascension within the Solana ecosystem was swift, becoming a staple within the broader web3 ecosystem, with deep integrations as a utility token across a wide base of applications. It is now the fourth largest memecoin by market capitalization and has the second most holders.
Osprey Funds is a digital asset manager dedicated to creating low-cost, simple, secure, and transparent investment products. Through the Osprey BONK Trust, investors can gain exposure to BONK directly without the need for custodial wallets or managing private keys. The trust is currently open for private placements.
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Key Slides from This Report
Bonk – The Dog Coin of the People
Ecosystem Highlights
Bonk Performance vs Majors
Meme Exposure Can Supplement Portfolios
Osprey BONK Trust
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