What does bonk text mean?

I'm curious to know, could you explain to me the meaning behind the term 'bonk text'? I've come across it a few times in the world of cryptocurrency and finance, but I'm still a bit unclear on its exact context and usage. Is it a slang term or industry jargon? And how does it relate to the broader cryptocurrency and finance landscape? I'd appreciate it if you could clarify this for me.