BONKDAO, a memecoin on the Solana blockchain, has started a campaign to burn one trillion BONK tokens, which is approximately worth $43 million. This follows a previous burn of $4 million worth of BONK tokens. The campaign aims to decrease the total supply of BONK tokens, enhancing its market value and benefiting the community. BONKDAO is urging community involvement through the use of the #LetsBONK hashtag and participation in BONKbets sports betting. The burning campaign aligns with BONK's integration with the Coinbase-supported L2 Base and its listing on Binance.US. BONK has experienced significant price increases, making it the fifth-largest memecoin in the market with a market cap of $3 billion. BONK was launched in 2022 to reward the Solana community, and the burning campaign aims to elevate its market presence.



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