{"id":286468,"date":"2023-01-05T16:25:32","date_gmt":"2023-01-05T16:25:32","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=286468"},"modified":"2026-10-25T13:25:09","modified_gmt":"2026-10-25T13:25:09","slug":"bonk-diluted-market-cap-crashes-140m-whitepaper-link-added","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bonk-diluted-market-cap-crashes-140m-whitepaper-link-added\/","title":{"rendered":"BONK diluted market cap crashes $140M, Whitepaper link added"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/coins\/bonk1\/\">BONK<\/a> saw over $140 million of its diluted market cap wiped over the last six hours \u2014 equating to losing roughly 35% of its total diluted market cap \u2014 according to Coinmarketcap data.<\/p>\n<p>The total number of BONK holders on <a href=\"https:\/\/cryptoslate.com\/bonk-top-25-holders-hold-over-50-of-supply-whitepaper-inaccessible\/\">Jan. 4<\/a>, was approximately 98,000 \u2014 this number has risen to approximately 106,573 holders as of press time, according to <a href=\"https:\/\/solscan.io\/token\/DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263#holders\">Solscan<\/a><em>\u00a0<\/em>data.<\/p>\n<p>A link to the project's Whitepaper \u2014 dubbed the BONKpaper \u2014 was added to the website, highlighting the goal behind the token's team.<\/p>\n<p>However, the BONKpaper does not include the key aspects normally expected in a Whitepaper such as tokenomics, team members involved and other fundamentals behind the project.<\/p>\n<p>Recording over <a href=\"https:\/\/cryptoslate.com\/dogecoin-rival-bonk-records-380-gains-since-turn-of-year\/\">380% gains<\/a> since the start of the year, BONK is poised as the Dogecoin's rival and &#8220;the first Solana dog Coin for the people and by the people.&#8221;<\/p>\n<p>BONK price as of press time was $0.000002259 \u2014 down 51% from it's all-time high of $0.000004922 reached Jan. 5.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BONK saw over $140 million of its diluted market cap wiped over the last six hours \u2014 equating to losing roughly 35% of its total diluted market cap \u2014 according to Coinmarketcap data. The total number of BONK holders on Jan. 4, was approximately 98,000 \u2014 this number has risen to approximately 106,573 holders as [&hellip;]<\/p>\n","protected":false},"author":1398,"featured_media":286480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,76736],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BONK diluted market cap crashes $140M, Whitepaper link added<\/title>\n<meta name=\"description\" content=\"BONK Solana meme token loses 35% of its market value in six hours, recording $140 million diluted market cap loss \u2014 down 51% from its ATH.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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