SOL - Coinbase Effect? Dogecoin Rival BONK Soars 75% — Analyst Projects '20x' Surge For The Meme Coin | Benzinga
Solana’s (CRYPTO: SOL) meme token BONK (CRYPTO: BONK) has recorded a 75% increase in price within a 24-hour period. It is now standing out as one of the lead performers in the CoinMarketCap top 100 cryptocurrencies.
What Happened: BONK’s trading volume has skyrocketed by 140%, reaching $681 million, as per the latest figures obtained from CoinMarketCap.
The two biggest meme cryptocurrencies by market capitalization Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were up 4-6% in the last 24 hours.
The rise in BONK's price can be attributed to Coinbase, a cryptocurrency exchange platform adding Solana's meme coin to its ...