Plain meaning
Start with the shortest useful explanation before going deeper.
Solana's first community-created dog-themed memecoin, launched in December 2022 during the post-FTX bear market to revitalize ecosystem morale. BONK was airdropped to Solana developers, NFT communities, and DeFi users. It grew into one of the largest memecoins by market cap and became a cultural symbol of Solana's community resilience, with integrations across major Solana DEXes and lending protocols.