BONK Will Sue DOGE & SHIB? This Token Shows Excellent Performance In Its Debut!
Memecoin has been a part of crypto culture for as long as the community has existed. The years 2020 and 2021 have marked a golden phase for memecoin with its price soaring to new heights.It has reached a point where two memecoins – Dogecoin (DOGE) and Shiba Inu (SHIB) are regularly members of the top 10 club (the 10 largest cryptocurrencies by total market capitalization).Although the collapse of the crypto market in 2022 has had a severe impact on most memecoins, DOGE and SHIB are still the memcoins of choice for many.In this year 2023, there is a new challenger that has just appeared in the memecoin community. This token is built on top of Solana and brings promises that it can soar to greater heights. The cryptocurrency in question is l Bonk Inu (BONK).Based on its official note, BONK is Solana's first dog-themed memecoin that carries the theme “from the people, for the people”.BONK increased by 4335.25% in the last 6 days. It is the first crypto meme on the Solana block and has been responsible for increasing the price of SOL tokens in the past week.Solana was drastically affected due to its ties to Alameda research and leading crypto exchange FTX. The price and trading volume for SOL have dropped dramatically since FTX filed for bankruptcy.Returning to BONK, exchanges Huobi, MEXC Global, and Bybit also announced the listing of this token due to increased interest among investors. BONK is compared to crypto memes like Dogecoin and Shiba Inu, which made massive gains in bull markets.BONK is currently seeing an increase of 1004.64% in trading volume in the last 24 hours. The market cap for the crypto is at 228.752 million USD. Each BONK token costs 0.000004122 USD, an increase of 138.61% in the last 24 hours.However, Solana has fallen by 5.33% in the last 24 hours and the trading volume has decreased by 43.33%.
Memecoin has been a part of crypto culture for as long as the community has existed. The years 2020 and 2021 have marked a golden phase for memecoin with its price soaring to new heights.
It has reached a point where two memecoins – Dogecoin (DOGE) and Shiba Inu (SHIB) are regularly members of the top 10 club (the 10 largest cryptocurrencies by total market capitalization).
Although the collapse of the crypto market in 2022 has had a severe impact on most memecoins, DOGE and SHIB are still the memcoins of choice for many.
In this year 2023, there is a new challenger that has just appeared in the memecoin community. This token is built on top of Solana and brings promises that it can soar to greater heights. The cryptocurrency in question is l Bonk Inu (BONK).
Based on its official note, BONK is Solana's first dog-themed memecoin that carries the theme “from the people, for the people”.
BONK increased by 4335.25% in the last 6 days. It is the first crypto meme on the Solana block and has been responsible for increasing the price of SOL tokens in the past week.
Solana was drastically affected due to its ties to Alameda research and leading crypto exchange FTX. The price and trading volume for SOL have dropped dramatically since FTX filed for bankruptcy.
Returning to BONK, exchanges Huobi, MEXC Global, and Bybit also announced the listing of this token due to increased interest among investors. BONK is compared to crypto memes like Dogecoin and Shiba Inu, which made massive gains in bull markets.
BONK is currently seeing an increase of 1004.64% in trading volume in the last 24 hours. The market cap for the crypto is at 228.752 million USD. Each BONK token costs 0.000004122 USD, an increase of 138.61% in the last 24 hours.
However, Solana has fallen by 5.33% in the last 24 hours and the trading volume has decreased by 43.33%.
