#meme token trading

What Is a Solana Meme Coin? History, Risks, and How to Trade Them Safely

In late 2023, a small community of Solana developers and degens airdropped a token called BONK to Solana wallet holders as a gift — a joke, almost — during a period when the Solana ecosystem was struggling with the aftermath of the FTX collapse. Within weeks, BONK had reached a market cap in the hun