A kind of meme coin under the solana network, I don't know if it's just new and it launched recently? And it looks like this is also his first time facing the bull run, right?
It seems okay that there is some risk when investing here, with his 1 billion supply, he may hit 1$ ATH this bull run if the development is good and it's not bad with the low
cap that he has which is more or less 2M$.
Bonk token is not new it has been there since last year it already gained 5000% only those who will have lambo from this token are those who bought it at a very cheap price but right now if you are going to invest in a Meme token like this it's pretty risky and it can drop so fast it's not the same as coins like Bitcoin and ETH or Solana that don't have huge declines. It is just the same as the Pepe token that recently increased in price and is now still in the downtrend.