# BONK-USD · catalysts, narrative & risks

**Deep-research report — K3vl4r**  
**Symbols:** BONK-USD  
**Sources:** 25  
**Published:** 2026-08-14  
**Canonical:** https://app.k3vl4r.com/research/deep-research-bonk-usd-catalysts-narrative-risks-2030

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## Overview and Price Context (point-in-time caveat)

BONK is the original dog-themed memecoin launched on the Solana network (December 25, 2022) [[2]](https://www.cryptotimes.io/2026/08/07/bonk-crashes-to-3-year-low-as-upbit-delists-solana-memecoin-over-20m-hack/)[[22]](https://coinmarketcap.com/currencies/bonk1/)[[23]](https://www.coingecko.com/en/coins/bonk). It is an SPL token with a fixed supply of ~88.8 trillion tokens and more than 1 million holder accounts as of September 2026 [[15]](https://coinlaw.io/bonk-coin-statistics/)[[23]](https://www.coingecko.com/en/coins/bonk).

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_Preview only. The complete multi-source deep-research report — full thesis, evidence, and citations — is available at https://app.k3vl4r.com/research/deep-research-bonk-usd-catalysts-narrative-risks-2030 (free to sign up)._