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- BONK surges 30%, hitting an all-time excessive of $0.00005377, up 213.89% from its month-to-month low.
- BONK overtakes WIF with a $4B market cap, making it the most important meme coin on Solana.
- Latest Coinbase itemizing boosts each BONK and WIF, with BONK main in buying and selling quantity.
Because the crypto bull run continues, meme cash are main the cost with spectacular features and hovering market valuations. Though the meme coin fever has cooled off considerably in comparison with earlier within the week, Solana’s meme coin BONK capitalized on this relative calm and hit an all-time excessive.
Within the final 24 hours, BONK surged by over 30%, reaching a value level of $0.00005377, its highest ever. In distinction, meme cash like FLOKI noticed solely a 6% achieve throughout the identical interval, whereas others like Dogecoin and Shiba Inu skilled a 3% loss.
Notably, simply two weeks in the past, BONK was buying and selling at $0.00001713. With its worth now hitting $0.00005377, it represents a formidable 213% improve from its month-to-month low.
BONK Overtakes WIF
This exceptional efficiency has allowed BONK to reclaim market share from Dogwifhat (WIF), the Solana meme coin that made headlines within the first quarter of the yr with explosive features. Then, WIF briefly turned the third-largest meme coin by market cap, forward of PEPE.
At present, BONK boasts a market cap of roughly $4 billion, whereas WIF’s market cap stands at $3.86 billion. WIF has but to expertise a major value pump like BONK. As of now, WIF is buying and selling at $3.87, up 2.15% within the final 24 hours and 53% over the previous week.
A significant component contributing to WIF’s value surge is that it was not too long ago listed on Coinbase, the most important U.S.-based crypto trade. But, the frenzy round BONK has far surpassed that of WIF.
At one level final week, BONK recorded larger 24-hour buying and selling quantity than Ethereum, the most important altcoin by market cap.
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