Meme coin projects like Bonk (BONK) on the Solana blockchain have gained popularity for their unique features, including the use of trading bots. One such project, Bonk, introduced the BonkBot, which reportedly accounted for a significant portion of on-chain trades on Solana, reaching up to 70% at one point.
The BonkBot has been instrumental in generating buying pressure for BONK, contributing to over million in monthly trading volume. This innovative approach has not only attracted attention within the community but has also highlighted the potential for trading bots to drive activity and liquidity in the meme coin space on blockchain networks like Solana.
