{"id":"ponke","title":"Ponke","content":"**Ponke** is a [Solana](https://iq.wiki/wiki/solana-sol)-based monkey-themed [memecoin](https://iq.wiki/wiki/memecoins) that was launched on the 24th of December, 2023, and is currently listed on several [CEXs](https://iq.wiki/wiki/cex-centralized-exchange) and [DEXs](https://iq.wiki/wiki/decentralized-exchange). The memecoin was inspired by a yellow monkey, often portrayed as an angry monkey.[[1]](#cite-id-93pqoxlq7nr)[[2]](#cite-id-5yi4o5bbwt)\n\n$$widget0 [YOUTUBE@VID](mDGpE2rEIgg)$$\n\n# Overview\n\nPonke is a community-driven [memecoin](https://iq.wiki/wiki/memecoins) operating on the [Solana](https://iq.wiki/wiki/solana-sol) [blockchain](https://iq.wiki/wiki/blockchain). Established with the aim of simplifying the onboarding process for newcomers to the world of digital currency, particularly within the Solana ecosystem. Ponke’s listing on major [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) exchanges has made it more accessible to a broader audience. The project also encourages user engagement through features like the \"helmet\" tool for community members and active social media channels.[[3]](#cite-id-r2f9i0esly)[[4]](#cite-id-djwg2d2zuwk)\n\n> PONKE is a degenerate gambler with anger issues on the Solana network.\n\n$PONKE [memecoin](https://iq.wiki/wiki/memecoins), launched on Christmas Eve in 2023. It reached a $30 million [market cap](https://iq.wiki/wiki/market-capitalization) and $45 million in trading volume, with 10,000 holders within the first 24 hours.[[5]](#cite-id-xjrjvsw28ts)\n\n![What-is-PONKE.webp](https://ipfs.everipedia.org/ipfs/QmdNFSyXZ2GteMdYZXwGM61dypzVbXsfs2b95xZTMeFUS1)\n\nOn December 29, 2023, HTX, one of the largest exchanges in Asia, announced the listing of $PONKE on its platform, making the token available for trading to over 46 million registered users. This increased Ponke's visibility in the [crypto](https://iq.wiki/wiki/cryptocurrency) space. Shortly after, on January 16, 2024, Ponke announced its partnership with Gotbit Hedge Fund. The following day, [Bitget](https://iq.wiki/wiki/bitget), a crypto trading platform, listed $PONKE in its \"Innovation\" and \"Meme Zone\", offering an active trading pair, PONKE/[USDT](https://iq.wiki/wiki/tether). This was followed by another listing on March 14, 2024, when Gate.io, another crypto trading platform, made $PONKE available on its Spot trading platform with the PONKE/USDT trading pair.\n\nAdditionally, Ponke has collaborated with some crypto influencers, including Davinci Jeremie, who is known for his early call on [Bitcoin](https://iq.wiki/wiki/bitcoin) at $1, as well as Eunice D Wong, JAKE, Crypto Rover, Jackson Hunter, MANDO CT, Jakey, Kyle Chassé, Crypto Banter, 𝔭𝖗𝖎𝖓𝖙, Clarissa Yorke, Rodney, Steki.eth and a few others. [[14]](#cite-id-83top1ghwai)[[15]](#cite-id-h3poleckyo)[[16]](#cite-id-7aqoa71qnb6)[[17]](#cite-id-z2a2p70pqxk)[[6]](#cite-id-kpe440ndgjf)[[12]](#cite-id-bnws2avtt5)[[13]](#cite-id-p1lixt4y8hf)[[7]](#cite-id-ozsh8l8mmt8)\n\n# **Ponke Ecosystem**\n\nThe Ponke ecosystem consists of The validator and Memetrend, each fulfilling distinct roles to enhance the overall functionality and utility of the Ponke token.\n\n## Memetrend\n\n![photo_2024-03-16_23-40-17.jpg](https://ipfs.everipedia.org/ipfs/QmbB8MJMw6oejsvssTb9KLj4ecg39N9C7A2CwANUySp9mg)\n\nMemetrend stands as one of Ponke's key utilities. Memetrend is a trading bot that allows traders to quickly trade their tokens of choice on [Solana](https://iq.wiki/wiki/solana-sol). It is a trading bot similar to [Bonkbot](https://iq.wiki/wiki/bonk) except it offers more options than Bonkbot, enabling [memecoins](https://iq.wiki/wiki/memecoins) to pay a fee to utilize its services by being traded. [[19]](#cite-id-6bf8npcgwwd)\n\nA key feature of Memetrendbot is its revenue-sharing model, where 25% of all platform earnings are used to buy back and [burn](https://iq.wiki/wiki/token-burn) Ponke tokens. This strategic move enhances the scarcity and value of Ponke tokens, benefiting token holders. Memetrendbot offers a comprehensive range of services, including Dollar Cost Averaging (DCA), [memecoin](https://iq.wiki/wiki/memecoins) trending, Telegram (TG) trends and other features.[[20]](#cite-id-69cnbh9t8a5)\n\n## The Validator\n\n$$widget0 [YOUTUBE@VID](-Glh9vbpHX4)$$\n\nA validator is an individual or a group responsible for running software that stores data, verifies transactions, and adds new blocks in a [proof-of-stake (PoS)](https://iq.wiki/wiki/proof-of-stake) [blockchain](https://iq.wiki/wiki/blockchain). Validators are replaced by miners in a [proof-of-work (PoW)](https://iq.wiki/wiki/proof-of-work-pow) [blockchain](https://iq.wiki/wiki/blockchain). A [Solana](https://iq.wiki/wiki/solana) validator is a crucial component of the network responsible for verifying transactions and generating new blocks. Validators also participate in the consensus process to maintain Blockchain security, functionality, and decentralization. By contributing, users can earn rewards. [[21]](#cite-id-d4dho7xpa5k)[[22]](#cite-id-3uqs306c78d)\n\n# Tokenomics\n\n![PONKE-Tokenomics.webp](https://ipfs.everipedia.org/ipfs/QmegXgJx2R2Tz3gS6vgskfLd3mgvktWSd4zLQRrrNC1eyN)\n\n$PONKE has a total Supply of 555,555,555 tokens adhering to the [SPL-20](https://iq.wiki/wiki/spl-20-solana-program-library-20) token type., which follows a 100% fair launch policy, emphasizing an equitable distribution among its community members.[[8]](#cite-id-02fa3qvx3c36)\n\n$PONKE tokens can be traded on [centralized exchanges](https://iq.wiki/wiki/cex-centralized-exchange) and [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange), which include [Bitget](https://iq.wiki/wiki/bitget), Gate.io, HTX, [Poloniex](https://iq.wiki/wiki/poloniex), [BitMart](https://iq.wiki/wiki/bitmart), [LBank](https://iq.wiki/wiki/lbank), [Bitrue](https://iq.wiki/wiki/bitrue), [MEXC](https://iq.wiki/wiki/mexc), [Raydium](https://iq.wiki/wiki/raydium), and Orca.[[9]](#cite-id-bs9eeio6d6)\n\nOn December 26, 2023, Ponke announced that it had sent out 1.1% of its total supply (worth $357,000) of [Galactic Gecko](https://iq.wiki/wiki/galactic-gecko-space-garage) to the treasury address.[[11]](#cite-id-23mw7ni7eie)\n\n# Partnerships\n- Hey Wallet[[18]](#cite-id-hlkeqp5n9z)\n- Bazed.bet\n- Gotbit Hedge Fund\n- ebit.gg\n- Hello Moon\n- [Zebec](https://iq.wiki/wiki/zebec-network)\n- Klever Wallet\n\n# Technology\n\nPonke is built on the [Solana](https://iq.wiki/wiki/solana-sol) [blockchain](https://iq.wiki/wiki/blockchain), a [smart contract](https://iq.wiki/wiki/smart-contract) platform founded by [Anatoly Yakovenko](https://iq.wiki/wiki/anatoly-yakovenko). Solana stands out for its transaction verification method, which combines [proof-of-stake](https://iq.wiki/wiki/proof-of-stake) with its proof of history system.\n\n$PONKE ownership structure is designed to prioritize decentralization. It includes full renouncement of ownership and zero creator and Token Update Authority balances. This approach sets $PONKE apart from other [memecoins](https://iq.wiki/wiki/memecoins), addressing concerns about centralization and giving the community a role in defining its development.[[10]](#cite-id-n44fxotrekb)Here’s a revised version of your article to align with the requested edits:\n\n# Inclusion in the GMCI Memecoin Index\n\nPONKE has been included in the GMCI Top 30 Index, a development that reflects its growing role in the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) market. This inclusion illustrates PONKE’s position within the [memecoin](https://iq.wiki/wiki/memecoins) category and its presence in the competitive crypto space.\n\nThe GMCI Top 30 Index applies stringent selection criteria, assessing [market capitalization](https://iq.wiki/wiki/market-capitalization), liquidity, and overall market impact. PONKE’s listing in this index places it among a range of other [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency), emphasizing its market presence.\n\nAdditionally, PONKE is part of the GMCI Meme Index, which focuses on [memecoins](https://iq.wiki/wiki/memecoins) that are notable within [crypto](https://iq.wiki/wiki/cryptocurrency) culture. This index serves as a reference point for those interested in the memecoin sector, highlighting assets that have gained attention within the industry.\n\nPONKE’s listing in the GMCI Meme Index reflects its current market standing and the community’s involvement. The team behind PONKE continues to work on its development, aiming to expand its use cases and explore potential collaborations with web2 brands. PONKE is positioned as a gateway for new users on the [Solana](https://iq.wiki/wiki/solana) network, with efforts focused on transitioning web2 traders into the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) domain. [[24]](#cite-id-cp8m2j0lll8)[[25]](#cite-id-89pv654cp9x)[[26]](#cite-id-y7up44zunac)","summary":"Ponke is a Solana-based monkey-themed memecoin launched on December 24, 2023, known for its community-driven approach and angry yellow monkey mascot.","images":[{"id":"QmVtKxfKJhVsG7Wc54EuQDjUbkvMHmoWtrcxrvtpL3QsCg","type":"image/jpeg, 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