The Bonk ecosystem is expanding with several new initiatives aimed at engaging its community and enhancing token utility. The Sandbox has launched a campaign encouraging holders of $BONK and $SAND to participate in the #RiseOfTheMemecoins by linking their wallets before a snapshot on July 29. Additionally, Binance is offering free $BONK red packets through Binance Pay, promoting quick and rewarding transactions. A new token launchpad for the Bonk ecosystem, powered by GraphiteProto, has also been announced, allowing users to lock their BONK tokens on BONKrewards to gain voting power for upcoming projects. These developments signal a concerted effort to bolster the Bonk community and its offerings.