BBONK · Solana
Inflation analysis
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MrNasdog Pressure Framework

Bonk · nothing can be printed, and a treasury still walked out.

BONK is the original community memecoin on Solana. The mint authority on its token account reads empty, so no BONK can ever be created again, and all 87.99 trillion in existence already counts as circulating — there is no locked bucket anywhere.

Sell pressure. 4,426.10B BONK — the whole DAO treasury — left in one transaction on Jul 6 2026 after a hostile governance vote, and the wallets that received it are empty today.

Buy pressure. 191.15M BONK actually destroyed in 90 days — about $573 — against a community vote to burn a trillion that has not spent a coin.

Inflation
Last 90 Days
+5.03%
updated · Sep 2 2026
Net flow: 5.03% of supply goes to market over 90 days
Next 90 Days
-0.00%
estimate
Net flow: 0.00% of supply stays in the market (roughly neutral) next 90 days
Supply was growing · trend cooling
monitor gap · BonkDAO treasury account F8FqZuUKfoy58aHLW6bfeEhfW9sTtJyqFTqnxVmGZ6dU paid out 4,426,104,450,305 BONK on Jul 6 2026 and holds 0.00033 today, while the mint authority reads empty so no coin was created — the monitor counts coins created, the framework counts coins reaching the market.
Upcoming · Next 90 Days
  • Community-voted burn pledge1T pledged · none executed
    By Dec 25 2026 · removed from market
Sell pressure
1. Protocol inflation
0

The mint authority on the BONK token account reads empty on Solana, so no wallet on earth holds a key that could create another BONK. The supply figure can only ever fall.

permanent · no change
2. Vesting unlocks
0

Every BONK ever made is already released. There is no locked allocation, no escrow contract and no unlock dated anywhere in 2026 — the launch distribution finished and the counted float equals the whole on-chain supply.

permanent · no change
3. Foundation + unscheduled unlocks
4,426.10B BONK

The entire BonkDAO treasury left in a single transaction on Jul 6 2026 after a malicious governance proposal passed on a low turnout. That account held 4,426,104,450,305 BONK before the transaction and holds 0.00033 today; the receiving wallets, including the multisig the tokens were parked in, all read empty now. Also watched but not moving: a corporate treasury holding roughly 2.26 trillion, a partner wallet near 219.7 billion, and 217.2 billion sitting in the launchpad's abandoned burn wallet.

checked · Sep 2 2026
4. Long-term locked or bankruptcy
0

There is no bankruptcy estate, no trustee and no court-ordered distribution attached to BONK.

checked · Sep 2 2026
Buy pressure
1. Programmatic buyback
0

The launchpad's buy-and-burn slice was cut from 35% to nothing on Dec 3 2025 and replaced by a 51% share that buys BONK for a Nasdaq-listed corporate treasury — bought and parked, not destroyed. Its size cannot be pinned down: the project's own dashboard and the aggregator series disagree by more than twenty times on the same day's revenue, and the named on-chain buying wallet holds 0 BONK, so no figure ships.

checked · Sep 2 2026
2. Protocol fee burn
191.15M BONK

This is the whole realised burn, measured on the supply figure itself rather than on any wallet: 87,994,726,634,945 BONK at the start of the window against 87,994,535,481,745 at the end. That is 0.000217% of supply, worth about $573 — against a community vote to burn a trillion that has not executed a coin of it. Solana's incinerator account has taken in 276,674 BONK in its entire life, so it is not where BONK burns land.

updated · Sep 2 2026
3. Foundation buy
0

The listed company behind the launchpad says it converts cash flow into BONK and targets 5% of supply, but its last dated purchase with a published amount was in Oct 2025, before this window. Sporadic — no public schedule for the next 90 days.

checked · Sep 2 2026
4. New long-term lock
0

Locking BONK removes nothing here. The counted float is the entire on-chain supply, so coins moved into a lock, a treasury or a staking pool are still counted as trading.

checked · Sep 2 2026

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Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M BONK)
4426104.450
0.000
Buy total (M BONK)
191.153
191.153
Sell % of circ
+5.030%
0.000%
Buy % of circ
+0.000%
+0.000%
Net inflation %
+5.030%
-0.000%
Score (0–2)
0.0
1.7
Verdict
avoid
favor
Circulating supply: 87994535.482M BONK
Read the inflation analysis
The full Pressure Framework write-up for Bonk.
Why a coin that cannot be printed still reads as the most inflationary page we run this quarter.

MrNasdog Pressure Framework analysis of BONK, Metric 1 — Inflation. Data + explanation only. Not financial advice. Updated Sep 2, 2026.