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Based Bonk on Base: Complete Guide to the Meme Coin’s Purpose, Tokenomics, and How It Compares to Solana’s Bonk

Based Bonk on Base: Complete Guide to the Meme Coin’s Purpose, Tokenomics, and How It Compares to Solana’s Bonk

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If you’ve come across the Bonk token on the Base chain, you might be wondering how it fits into the ever-expanding world of memecoins. Here’s what you need to know about Based Bonk—its purpose, origins, tokenomics, and how it compares to the well-known Bonk on Solana.


What is Based Bonk?

Based Bonk (token symbol: BONK) is a community-driven meme coin that lives on the Base chain, an Ethereum Layer-2 solution incubated by Coinbase. This is not the original Bonk token that took off on the Solana blockchain. While both projects share the Bonk name and playful dog-themed branding, Based Bonk is built specifically for the Base ecosystem and is often referred to as the “Bonk of Base.”

Check the official Based Bonk contract address: 0x2dc1c8be620b95cba25d78774f716f05b159c8b9.


How is Based Bonk Different from Solana’s Bonk?

  • Solana’s Bonk: Launched on December 25, 2022, it became the “dog coin of the people” for Solana. About 50% of its supply was airdropped to active community members, artists, and builders. It’s deeply integrated into over 350 Solana-based dApps and regularly traded on major centralized exchanges like Binance, Coinbase, and others. As of July 2025, Solana’s Bonk has a circulating supply of about 80.54 trillion tokens and a multibillion-dollar market cap.

  • Based Bonk (on Base)​: It is a completely separate project, inspired by Solana’s success, but designed for the Base chain. It targets the Base user community and positions itself as a meme coin that captures Base’s vibrant culture.


Key Details About Based Bonk

  • Token Type: ERC-20
  • Chain: Base (an Ethereum Layer-2)
  • Total Supply: 1,000,000,000 BONK tokens (that’s a fraction of the Solana Bonk supply)
  • Liquidity: The liquidity pool is burnt, meaning tokens are locked and can’t be pulled by project creators—this is designed to add trust and reduce “rug pull” risks.
  • Taxes: 0%—there are no buy/sell/transfer fees, making it appealing for traders and meme coin enthusiasts.
  • Trading: Based Bonk is tradable on decentralized exchanges (DEXs) like Uniswap (Base) using the Base network.

How to Buy Based Bonk on Base

Here’s how you can buy Based Bonk:

  1. Set up a wallet: Install MetaMask and fund it with ETH on the Base chain.
  2. Connect to Uniswap: Open Uniswap and make sure you’re using the Base network.
  3. Swap: Enter the Based Bonk contract address (0x2dc1c8be620b95cba25d78774f716f05b159c8b9) to buy BONK with ETH.

Tip: Always double-check the contract address before trading to avoid scams or fake copies.


Why Does Based Bonk Exist?

Based Bonk aims to replicate the viral, community-driven energy that made Solana’s Bonk a billion-dollar meme coin. Its vision is to establish itself as the top meme coin on Base by fostering fun, community activity, and potential integrations with dApps and NFT projects within the Base ecosystem. Although specific partnerships or use cases are not yet detailed, the project’s emphasis is on community ownership and meme culture.


How Does Based Bonk Compare in the Market?

  • Market Data: As of July 2025, Based Bonk doesn’t have major centralized exchange listings or comprehensive market stats available, suggesting it is still a niche or early-stage token compared to the original Bonk on Solana.
  • Community Sentiment: While Solana’s Bonk has a lively, sometimes divisive community (with both strong supporters and critics), Based Bonk appears to be focused on grassroots, retail trader engagement. Its zero-tax and burnt liquidity policies are designed to attract meme coin traders who value transparency and low friction.

Risks & Considerations

  1. Market Volatility: Like all meme coins, Based Bonk is highly speculative and prices can swing dramatically.
  2. Transparency: The project does not disclose detailed token distribution or team information, which may raise decentralization concerns.
  3. Competition: Based Bonk is up against well-known meme coins on both Base and other chains, such as Shiba Inu and Dogecoin.
  4. Adoption: Without more integration into Base-native dApps or DeFi protocols, Based Bonk’s utility currently rests on its meme and trading appeal.

Exploring Based Bonk and Meme Coins Further

For traders interested in monitoring and analyzing Based Bonk or other meme coins across chains, platforms like GMGN.AI can help you:

  • Track smart money flows and wallet activities
  • View real-time analytics and security checks
  • Access automated trading (with Telegram integration)

You can see Based Bonk’s live data and analytics directly on GMGN.AI’s BONK page.


Bottom Line

Based Bonk on Base is a fresh attempt to capture meme coin energy in the growing Base ecosystem. While it borrows the Bonk brand and some of the playbook from Solana’s hit meme coin, it’s an entirely separate asset with its own risks and rewards. If you’re considering trading or holding Based Bonk, be sure to research thoroughly, verify contract details, and understand that meme coins are a high-risk part of the crypto landscape.

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