Merry $BONK-ing Christmas [Ethereum]

It's still Christmas for Solana's dog coin $BONK — people all over crypto twitter are giving away billions of $BONK tokens, and its price has risen over 40% in the last day (NFA). Bring the world up to speed on Bonk Inu, with all of our favorite metrics: Total # of holders, % of holders that are active wallets, Average amount $bonk in holder wallets, Average time holding bonk, Any other notable trends or outliers you see. Then, give us context! What kinds of Solana users are $bonk holders? How active are they, what other tokens do they tend to hold, etc. Has Solana activity as a whole risen in conjunction with recent $bonk activity, and how much Solana activity does Bonk Inu account for?And as always, don't forget to tweet about your dashboard and $bonk, to share your insights with others!

Acknowledgment and Supplementary Information

Author: NSA2000
Twitter of the Author: @NSA2000C
Discord of the Author: NSA2000#5651
Data from FlipsideCrypto
I would like to show my sincere gratitude to the authors of the following dashboard (0xHaM-d) that helped me to do my own analysis: *

Introduction

What Does Bonk Inu Do?

Have a Bonkin’ New Year! It is a fun new meme coin running on the Solana blockchain. It is also the first Solana Dog coin created by the community for the community. Furthermore, BONK will airdrop 50% of the entire supply to the Solana Community.

The developers are fed up with ‘Alameda’s poisonous tokenomics and they wanted to have some fun. Bonk Inu is a fun meme coin where everyone has an equal chance to participate and potentially build something amazing! Following Openbook’s introduction, they want to restore liquidity to Solana DEXes, with their Openbonk Project.

Among the 50% airdrops, 20% will go to Solana NFT collections. This includes 297,000 individual NFTs. Meanwhile, Solana artists and collectors will receive 10%. Early Openbook traders will also receive a 15% BONK airdrop. The remaining 5% is allocated to the developers.

Is Bonk Inu a Good Investment?

All and all, Bonk Inu is a meme coin. Early speculations show that it is only good as a short-term investment. It is also crucial to have a proper exit strategy. Long-term hold, on the other hand, might be risky. However, every meme coin has the opportunity to grow as big as DogeCoin. If you think that it has potential on the Solana blockchain, you can definitely support it all the way. \n []

Methodology

The data in this dashboard is obtained from the following tables:

solana.core.fact_transfers
solana.core.fact_events
solana.core.fact_transactions
solana.core.fact_proposal_votes
solana.core.fact_swaps
solana.core.dim_tokens
solana.core.fact_nft_sales
solana.core.fact_nft_mints
solana.core.dim_nft_metadata

Aim of this analysis:

The aim of this dashboard is to conduct a comprehensive review of the BONK token in different terms and trends.

Results and Discussion

The following charts show the normal and cumulative daily variation of the BONK airdrop recipients as well as the daily variation of the BONK holders and their balances.

As can be observed, the number of BONK airdrop recipients decreased from 24 Dec 2022 to 4 Jan 2023. The max number of airdrop recipients is recorded to be on 25 Dec 2022 (54.71K). It must be pointed out that the total number of airdrop recipients is about 82.03K since 24 Dec 2022.

The following charts show the daily variation and distribution of the transferred BONK volume according to their transfer type.

The following charts show the daily variation of the transactions number done by BONK holders after launching the token for different actions, as can be seen swapping has the upper hand by far. Moreover, the most popular swapping pairs can be seen from the following charts.

The following charts show the daily variation of the transactions number done by BONK holders after launching the token for different actions except swapping, as can be seen NFTs trading has the upper hand by far. Moreover, the most popular NFTs can be seen from the following charts.

Moreover, the max number of BONK holders is recorded on 25 Dec 2022 (52.99K). However, after a significant decrease in the number of holders on 26 Dec 2022, the daily variation of the number of BONK holders increased significantly from 6.9K on 26 Dec 2022 to about 36.73K on 4 Jan 2023. The total balance of the BONK holders varies between 437.89M to 1.2B between 25 Dec 2022 to 4 Jan 2023. The max balance of the holders is recorded on 24 Dec 2022 as 5.99B.

As far as the daily variation and distribution of the transferred BONK volume according to their transfer type is concerned, it can be concluded that mostly users employed dex for their transfers and also `airdrop address to airdrop address`and `wallet to wallet` was the sub-type of the most transferring tokens.

As already mentioned, after swapping, NFTs trading is the most popular action by (52.5% of the total share). Add/Remove liquidity is the second most popular action of the holders (about 46%). The 3 most popular NFTs according to the number of transactions are `Transdimensional Fox Federation (16.3%), Okay Bears (16.1%), and ABC (14%).` The 3 most popular NFTs according to the volume of transactions are `DeGods (43.6%), Solana Monkey Business (14.6), and ABC (12.5%).`

Summary

> ## The number of BONK airdrop recipients decreased from 24 Dec 2022 to 4 Jan 2023. > > ## The max number of airdrop recipients is recorded to be on 25 Dec 2022 (54.71K). > > ## The total number of airdrop recipients is about 82.03K since 24 Dec 2022. > > ## the max number of BONK holders is recorded on 25 Dec 2022 (52.99K).
> > ## After a significant decrease in the number of holders on 26 Dec 2022, the daily variation of the number of BONK holders increased significantly from 6.9K on 26 Dec 2022 to about 36.73K on 4 Jan 2023. > > ## The total balance of the BONK holders varies between 437.89M to 1.2B between 25 Dec 2022 to 4 Jan 2023. > > ## The max balance of the holders is recorded on 24 Dec 2022 as 5.99B. > > ## The users mostly employed dex for their transfers and also airdrop address to airdrop addressand wallet to wallet was the sub-type of the most transferring tokens. > > ## Swapping is the most popular action that attracted the attention of the BONK holders and the most popular swap pairs are usdc-bonk, usdc-sol, and sol-bonk by far (about 64% of the total share). > > ## after swapping, NFTs trading is the most popular action by (52.5% of the total share). Add/Remove liquidity is the second most popular action of the holders (about 46%). > > ## The 3 most popular NFTs according to the number of transactions are Transdimensional Fox Federation (16.3%), Okay Bears (16.1%), and ABC (14%). > > ## The 3 most popular NFTs according to the volume of transactions are DeGods (43.6%), Solana Monkey Business (14.6), and ABC (12.5%).

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Merry $BONK-ing Christmas [Ethereum]

Acknowledgment and Supplementary Information

Introduction

What Does Bonk Inu Do?

Is Bonk Inu a Good Investment?

Methodology

Results and Discussion

The following charts show the normal and cumulative daily variation of the BONK airdrop recipients as well as the daily variation of the BONK holders and their balances.

As can be observed, the number of BONK airdrop recipients decreased from 24 Dec 2022 to 4 Jan 2023. The max number of airdrop recipients is recorded to be on 25 Dec 2022 (54.71K). It must be pointed out that the total number of airdrop recipients is about 82.03K since 24 Dec 2022.

The following charts show the daily variation and distribution of the transferred BONK volume according to their transfer type.

The following charts show the daily variation of the transactions number done by BONK holders after launching the token for different actions, as can be seen swapping has the upper hand by far. Moreover, the most popular swapping pairs can be seen from the following charts.

The following charts show the daily variation of the transactions number done by BONK holders after launching the token for different actions except swapping, as can be seen NFTs trading has the upper hand by far. Moreover, the most popular NFTs can be seen from the following charts.

Summary

Merry $BONK-ing Christmas [Ethereum]

Acknowledgment and Supplementary Information

Introduction

What Does Bonk Inu Do?

Is Bonk Inu a Good Investment?

Methodology

Results and Discussion

The following charts show the normal and cumulative daily variation of the BONK airdrop recipients as well as the daily variation of the BONK holders and their balances.

As can be observed, the number of BONK airdrop recipients decreased from 24 Dec 2022 to 4 Jan 2023. The max number of airdrop recipients is recorded to be on 25 Dec 2022 (54.71K). It must be pointed out that the total number of airdrop recipients is about 82.03K since 24 Dec 2022.

The following charts show the daily variation and distribution of the transferred BONK volume according to their transfer type.

The following charts show the daily variation of the transactions number done by BONK holders after launching the token for different actions, as can be seen swapping has the upper hand by far. Moreover, the most popular swapping pairs can be seen from the following charts.

The following charts show the daily variation of the transactions number done by BONK holders after launching the token for different actions except swapping, as can be seen NFTs trading has the upper hand by far. Moreover, the most popular NFTs can be seen from the following charts.

As already mentioned, swapping is the most popular action that attracted the attention of the BONK holders and the most popular swap pairs are usdc-bonk, usdc-sol, and sol-bonk by far (about 64% of the total share)

Summary