What is Honk?

Honk is a memecoin launched on January 13, 2023, on the Solana blockchain. It was inspired by a character from the game "Untitled Goose Game" and aims to compete with another token, $BONK, within the crypto market.

The coin operates with a total supply capped at an unspecified amount, featuring a 0% tax structure and burnt liquidity to enhance decentralization. The mint authority was revoked at launch, emphasizing its governance model designed to be community-driven.