Fronk

FRONK Price

What is Fronk?

Fronk is a cryptocurrency created on the Solana blockchain, launched in August 2021. The team behind Fronk describes it as a solution to the perceived bias in the tokenomics of another cryptocurrency, BONK, which led to some members of the community feeling left out. Fronk's creators aim to rectify this situation by distributing tokens to those who did not receive BONK in a fair and transparent manner.

History of Fronk

Fronk was launched in August 2021 and has quickly gained popularity within the Solana community. The team behind Fronk has been actively distributing tokens to different groups within the ecosystem, including NFT project teams and early community members. The team also burned a portion of the initial token supply to ensure a fair distribution.

What's Next for Fronk

The Fronk team has set aside tokens for the formation of a FronkDAO, which would govern the future direction of the project. Additionally, the team plans to continue distributing tokens to NFT project teams and other groups within the Solana ecosystem. The team will also use a portion of the token supply for marketing initiatives, such as giveaways and protocol integrations.

What can Fronk (FRONK) be Used For?

FRONK can be used for a variety of purposes within the Solana ecosystem, including staking and farming on decentralized exchanges. The team behind Fronk has also allocated tokens for marketing purposes, which may be used to facilitate liquidity provision for the protocol or for giveaways to promote adoption. In the future, if a FronkDAO is formed, the tokens allocated for this purpose may be used for governance-related activities.

Where can you buy Fronk?

FRONK tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Fronk is Raydium, where the most active trading pair FRONK/WSOL has a trading volume of $216.19 in the last 24 hours.

What is the daily trading volume of Fronk (FRONK)?

The trading volume of Fronk (FRONK) is $315.03 in the last 24 hours, representing a 39.70% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Fronk (FRONK)?

Fronk (FRONK) reached an all-time high of $0.0₆1955 and an all-time low of $0.0₉2300. It’s now trading -98.90% below that peak and 876.40% above its lowest price.

What is the market cap of Fronk (FRONK)?

Market capitalization of Fronk (FRONK) is $114,505 and is ranked #5577 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FRONK tokens (51 Trillion tokens are tradable on the market today).

What is the fully diluted valuation of Fronk (FRONK)?

The fully diluted valuation (FDV) of Fronk (FRONK) is $114,505. This is a statistical representation of the maximum market cap, assuming the maximum number of 99 Trillion FRONK tokens are in circulation today. Depending on how the emission schedule of FRONK tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Fronk compare against its peers?

With a price decline of -1.90% in the last 7 days, Fronk (FRONK) is underperforming the global cryptocurrency market which is down -1.00%, while outperforming when compared to similar Meme cryptocurrencies which are down -8.20%.