Key Takeaways
- As part of the lunar year celebration, the BONK project organized the Bonkdragon earning reward campaign, which concluded on the 27th of January 2025.
- The participants who partook in the event to assemble the BONK dragon can claim their rewards on their official BonkDragon website.
- The airdrop however received blatant criticism from its X community members sitting issues with the reward system.
With the crypto market growing exponentially, everyone is looking for ways to diversify their portfolios. And, one of the best and easy ways to do this is through crypto airdrops. Crypto airdrops are promotional events organized by a budding project to increase awareness about its latest product. They provide investors with a golden opportunity to acquire their project tokens for free, which they can sell and make a profit when these tokens hit the market later on.
This article will explore one of the most hyped airdrops of 2025, the Bonk Drop. Furthermore, we will also look into the eligibility criteria and the claiming process surrounding the airdrop.
What is the Bonk Tokens
The BONK is a meme coin based on the Solana blockchain, inspired by other related big-name projects like Shiba Inu and Dogecoin. The $BONK is a functional multi-utility meme token and acts as a medium of exchange between the Bonk community.
Per the team’s whitepaper, the main goal behind the BONK team is to provide a secure and convenient way of payment to the users who interact with their ecosystem. As of 10th February 2025, the meme coin is ranked #65 on its market capitalization, estimated to be $1.33 billion with a circulation of 77.17 trillion tokens.
Tokenomics
| Name | Bonk |
| Ticker | $BONK |
| Market Value | $ 0.00001733 |
| Market Capitalization | $ 1.33 Billion |
| 24-Hour Trading Volume | $ 121.21 Million |
| FDV | $ 1.6 Billion |
| 24-Hour VMR Metrics | $121.2 Million |
| Circulating Supply | 77.17 Trillion |
| Total Supply | 88.87 Trillion |
| Max Supply | 92.7 Trillion |
Bonk Airdrop Overview
BONK is one of the biggest crypto meme coin projects in the market. Recently, as part of the Lunar New Year celebrations, they conducted a rewards campaign named Bonk Dragons. It commenced as part of the New Year campaign of the coin and ended on the 27th of January 2025.
As part of the coins, the eligible users had to complete certain achievements specified on the Bonkdragon official website. This included staking their tokens and other challenges like participating in other Bonk-themed events. With each task they completed, their rewards kept on increasing.
Bonk Dragon Rewards
The Bonk Draddon offers a 200 billion $BONK as part of its rewards program. Additionally, according to BONK, there will also be a $1.6mm in @moonwalkfitness and @dragontaillucky credits, distributed to 140,000 wallets in total.
The rewards will be given out on a tiered basis, meaning that the ones who have completed assembling all parts of the dragons will get the maximum rewards. As the amount of dragon parts you collected is less than this, so does your reward allocation.
You can easily claim your tokens by going to the Bonkdragon official website event page. The claiming process will end on the 28th of February 2025 at midnight EST. You will immediately receive BONKbets credits upon claiming with the Moonwalk credits being available by March 1st.
Final Remarks
Even though the BONK project is one of the top meme coin projects in the market, this new airdrop failed to create what it planned. The community was not happy with their reward system with some X users claiming that the rewards didn’t exactly match up with the difficulty of the task and others claiming it as one of the worst airdrops of 2025.
With the recent drop failing to satisfy the expectations of their community and the subsequent ambiguity among the BONK community members has added to the uncertainty surrounding the meme coin’s future. The BONK tokens are currently trading at $0.00001733 with a monthly downtrend of 36.71%.
