After months as the face of Solana memecoins, the bonk price has entered a correction phase. BONK is already down close to -20% over seven days, trading near weekly lows and well below the November 2024 peak, when it reached the $0.00005-$0.00006 area.
Right now, the price is hovering around $0.000011, with a market cap in the $850-880 million range and daily volume above $100 million on some of the main exchanges. For a memecoin launched in December 2022 as an airdrop to the Solana community, that level shows how the project stopped being just another dog coin and became one of the network’s key high-risk assets.
The problem is that no rally lasts forever. After a year of strong gains and listings on major exchanges, BONK is now facing profit-taking from early buyers, a more defensive macro environment for risk assets, and growing competition from new Solana narratives.
The result is visible on the chart. And for many memecoin traders, that combination is often the classic trigger to think about rotating positions: cutting exposure to more mature names and hunting for projects that are still pre-launch. That is exactly where FROGE , a memecoin set to launch on November 18, is starting to show up more often.
FROGE: Fair Launch On November 18
FROGE steps into this story as the early-stage counterweight to a more established BONK. The project will launch via a fair launch, with no seed allocation for funds and no hidden slice for insiders. It will plug AI, augmented reality (AR), NFTs, and gamification into a single platform, built around a proprietary iOS app that will be revealed after the token launch.
On top of that, FROGE bakes criticism into the character itself and turns the market into a stage, with livestreams, shows, challenges, and storylines built around day-to-day crypto life. Users stream and join game shows using AR identities instead of their real faces.
Each ID is tied to AR digital masks (NFTs) that act as both a passport and a status symbol. Any community member can become a host, character, or writer, using AI tools to create memes, scripts, short videos, and puzzles. These contributions generate FROINTS, the internal points that unlock closed events, identity upgrades, special missions, and token-linked perks.
There is no seed round, no private sale, and no OTC deals at privileged prices. There is no unlock schedule designed first and foremost for funds. Price discovery happens directly in the market, with every trader looking at the same order book from day one.
For those coming from an experience where most of the upside in BONK, PEPE, or other memes is already in the rearview mirror, this promise of a more symmetric starting point is exactly what is drawing attention to FROGE at a time when the bonk price is losing momentum.
Rotation, Risk, And The Space FROGE Wants To Occupy
The current move around BONK and FROGE is not exactly new in memecoin history, but it helps make clear how this market works in cycles. On one side, the bonk price carries the weight of a successful rally, with multiple listings, consolidation as Solana’s main dog coin, and a market cap level that already places it among the big names in the sector.
On the other hand, there is a growing sense that most of the journey has already happened, while new narratives keep knocking, offering more asymmetry to those willing to start the game over in a different ticker.
It is exactly at this point of relative saturation that FROGE comes onto the radar. While $BONK increasingly behaves like a meme blue chip inside the Solana ecosystem, $FROGE presents itself as the opposite. A still pre-listening project that aims to combine a fair launch, criticism of the industry itself, and an entertainment layer built on AI, AR, and NFTs.
For traders tired of watching the same script over and over, with long presales, seed rounds for funds, predictable unlocks, and the public coming in last, this offer of a cleaner starting point carries weight.
By turning the market into a stage, FROGE also reshapes another key piece: attention. BONK has already earned its place as a brand, but the novelty cycle inevitably fades. FROGE’s promise is not just to try to copy a parabolic chart; it is to use lives, game shows, AR frog identities, and the FROINTS system to build an environment where people come back not only for the price action, but for the experience itself.
Official Links:
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This article is not intended as financial advice. Educational purposes only.
