Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Bonk (BONK) is a meme ...

Originating from Solana Saga phones, a $10 BONK gift drove demand, elevating the phone’s eBay price to $5000. Despite past success, BONK’s future is uncertain against Algotech’s rise.

Dog-themed memecoin Bonk failed to wade its way out of a wider crypto slump, despite a token burning event which took 1.69 trillion BONK tokens, worth over $51 million out of circulation.