BONK, the Solana-inspired meme-coin, has experienced a notable surge in price over the past few weeks. Thanks to the surge of altcoins and memecoins filed by Bitcoin’s pumping, BONK has risen nearly 20% in the past week, and over 160% in the past month.
Since the start of 2024, BONK has surged nearly 600%, indicating huge profits for investors. BONK’s attraction to investors is causing it to skyrocket in the meme-coin market, and some believe it could reach the likes of Shiba Inu in the coming year. The coin is trading at $0.00002735 at press time.
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Furthermore, since its listing on Binance in the third quarter of last year, BONK has attracted significant attention and emerged as a prominent player in the meme token space. With its market capitalization surpassing $1 billion at its peak, the coin effectively showcased Solana’s capability in hosting meme-based projects.
With the current price momentum and frenzy associated with BONK, investors could potentially see the coin performing at its best. The meme-coin market is extremely bullish and hasn’t shown signs of slowing down. Perhaps the meme-coin could keep its surge going until Bitcoin’s halving, which is expected to bring peak performance for all cryptocurrencies.