:writing_hand: Observations

• Total BONK holders is 120.8 wallets.
• Total BONK balance in wallets is 122.2T $BONKs.
• Average BONK balance in wallets is 650M $BONKs.
• Average daily number of active wallet is 6.23 wallets.
• $BONK holders are increasing.
• Active wallets are increasing and reached 30.6k active wallets by January 4, 2023.
• The percentage of active and non-active $BONK wallets are almost equal.

About BONK

The Solana ecosystem collapses due to its links to SBF and Alameda Research.

Bonk Inu or BONK (BONK/USDT) is the first Solana Dog Coin created by the people for the people.

After the airdrop is complete, 50 trillion Bonk Inu Tokens will be available for purchase by non-Solana investors.

The Bonk coin is issued by the decentralized organization BonkDAO, which is based on the Solana blockchain. Prior to December of last year, only those who actively follow the Solana development had heard of it.

BONK is a community dog coin that was airdropped to a variety of Solana NFT holders, DeFi members, art collectors, and Solana developers. 50% of the total supply will be airdropped to the Solana Community by BONK. The devs wanted to have some fun because they were tired of the toxic tokenomics in “Alameda.” 

The Solana NFT collections will get 20% of the 50% airdrops. This consists of 297,000 unique NFTs. Meanwhile, 10% will go to Solana artists and collectors. Additionally, early Openbook traders will get a 15% BONK airdrop. The developers will receive the final 5%.

Additionally, it is essential to have a sound escape plan. On the other hand, a long-term hold could be dangerous. But every meme coin has a chance to become as popular as DogeCoin. You can undoubtedly support it to the fullest extent if you believe that it has promise on the Solana blockchain.

What you read in this dashboard

The metrics that are analyzed in this dashboard are:

• Total $BONK holders
• Total $BONK balance in wallets
• Average amount $bonk in holder wallets
• Average daily $BONK balance wallets
• Total daily $BONK holders over time
• Total daily number of active wallet over time
• Average daily $BONK balance wallets over time
• Comparison of $BONK price with Solana
• Projects that $BONK holders interacted With Them $BONK
• Daily activity of $BONK holders After Token Lunch
• Top 10 Swaps of $BONK holders After Token Launch

Method

In this dashboard, I obtained Airdrop $BONk transactions using the solana.core.fact_transfers table based on TX_FROM and TX_TO and filtered based on mint = DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263

Because 10% of token bank was in the form of airdrop, I obtained the airdrop transactions with the filter tx_from in ( '9AhKqLR67hwapvG8SA2JFXaCshXc9nALJjpKaHZrsbkw', '6JZoszTBzkGsskbheswiS6z2LRGckyFY4SpEGiLZqA9p')

I used the solana.core.fact_events table to get the behavior of holders and swaps.

• Token Bank address: DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263
• The data is from the time of launch bank from 2022-12-24

:writing_hand: Observations

The chart on the right is the price comparison of Solana with the BONK.

As you can see, there is a correlation between Solana and Bank prices and they have a similar price pattern.

In the graphs above, you can see the interaction of bank holders with projects.

As it is known, there is more interaction with Solana, about 64.5%, which is normal.

After Solana, the most interaction of BONK holders with Orsa is about 13% and with Jupiter about 11%.

The interaction of bank holders with Orsa and Jupiter may be due to the swapping of their own BONK tokens.

:writing_hand: Observations

The charts above show the type of activity of bank holders after the token launch.

The most activity of bank holders was after the launch of token swap with about 99%.

It seems that the BONK holders will swap the token as the price increases.

The highest number of swap transactions belongs to USDC→ BONK with about 963k transactions and about 40%.

Conclusion

• There is a correlation between Solana and Bank prices and they have a similar price pattern.

• The interaction of bank holders with Orsa and Jupiter may be due to the swapping of their own BONK tokens.

• The most activity of bank holders was after the launch of token swap with about 99%.

• Considering that most swap transactions belong to USDC→ BONK. The USDC has been exchanged with the bank and this number of swaps will certainly affect the price of Solana.