Honk (HONK) Tokenomics
Honk (HONK) Tokenomics & Price Analysis
Explore key tokenomics and price data for Honk (HONK), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Honk (HONK) Information
Honk is the first goose-themed coin on the Solana blockchain. $HONK was inspired by an audacious goose known for aspiring to be a boss, featured in the viral video game "Untitled Goose Game."
$HONK was launched on January 13, 2023, as a competitor to $BONK on Solana, cementing their never-ending rivalry in the crypto space.
As a fully decentralized memecoin, $HONK has 0% tax, its liquidity is burnt (locked for eternity), and mint authority was revoked at launch, making it a coin by and for the people.
The main goal of HONK is to escalate its rivalry with BONK to a whole new level and leverage the power of memes to catapult itself to the top of the memecoin space on the Solana blockchain.
Honk (HONK) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Honk (HONK) is essential for analysing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of HONK tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many HONK tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralised control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand HONK's tokenomics, explore HONK token's live price!
HONK Price Prediction
Want to know where HONK might be heading? Our HONK price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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