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| (no more tokens can be created)
**Total number of tokens burned:** ~913,874,966
**Total number of tokens still owned by creators (estimate):** 94,560,605,617
**Total number of
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| tokens in circulation (estimate):** 4,525,519,417
**Current price (approximate):** 0.25 sats
**Market cap based on tokens in circulation:** 11.31379854 BCH

Honk token features a
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| tipping bot, a [dice game website](https://games.honkhonk.io/), and sports wagering bot on Telegram messenger. They launched the [Honk-A-Bet](https://bet.honkhonk.io/) website which
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| supports BCH and SLP Tokens such as SPICE, HONK, and DROP. It features all sorts of sports like football, basketball, popular choices of alpine skiing, Crossfit and other options.
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| According to its project manager, Keith Patrick, the largest selling point of the site is the lack of KYC (Know Your Customer) which means it doesn’t require identification from
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| users or investors.



This graph shows the transactions with HONK HONK Token for the past year. We can see the peak during the beginning of 2020 when
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| they asked for funding for Honk-A-Bet then followed by the gradual decrease of the transactions because of COVID-19. One major feature of this token is sports betting and if there
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| are no sports then that could have had a great impact.


Still, HONK HONK Token remains on top of the activity list as the token with the highest
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| number of transactions. This could possibly be because of the relatively low price per token or that this token is mostly used for tipping and betting games.


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|fq37ym.png
This chart shows ten largest HONK token balances but I believe they all may be owned by the creators.



Here the price chart for the HONK
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| HONK token for the past month. We can see that there was an almost flat line from September 28th to October 5th then continue to fluctuate.



Here's
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| a graph showing the weekly changes in the price of HONK HONK Token from the first sale that happened on June 24, 2019. A sudden increase in weeks 14-17 went up to 12, 25, and 30
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| satoshis but went off chart which maxes at 3. These prices may be some form of tipping.



Here’s another view of the same price chart. This time
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| it’s logarithmic. There are weeks where a price will rise and suddenly drop.



The [Flipstarter](https://flipstarter.honkhonk.io/) was recently funded with SPICE team’s head
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| dev Joemar Taganna joining the team to help finish the project. They launched the flipstarter because their first funding goal was not met, they say, due to the lack of sports
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| because of COVID-19. Right now, they offer only HONK on the betting website. They plan to make the project functional in 4-6 weeks and add features and bug fixes in 12-14 weeks.

The
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|re are allegations that Keith Patrick, the Honk-A-Bet project manager, was promoting his friend's (Dan Shan) rival sports betting picks and a rival sports betting site, ‘Fairlay’,
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| in July 2020. This led to accusations that he wasn’t delivering on the funding he received in January 2020. There have been some conversations about HONK HONK needing new leadershi
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|p.


In my existence here in the crypto community, I cannot say if this is a clown world just yet, but I can definitely
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| see hints of "clownness" and hypocrisy. Do you agree that we are living in a nightmarish dystopia that we cannot escape? What made you say so?