Even as Bitcoin (CRYPTO: BTC) is just about 5% from its all-time highs, Solana's (CRYPTO: SOL) blockchain has unleashed a new wave of excitement with its meme coins, Bonk (CRYPTO: BONK) and Dogwifhat (CRYPTO: WIF), capturing the market's attention with their astonishing rallies.
These digital assets, emerging over the last year, have quickly drawn comparisons to the meteoric rises of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) during the cryptocurrency bull run of 2021.
As BONK and WIF continue to chart impressive gains, they signal a potential shift in the memecoin hierarchy, challenging the dominance of their predecessors with significant price movements and market speculation.
In the last 90 days, WIF’s price has increased 10x, according to Coinedition.
BONK, on the other hand, has climbed by 478%.
Within the same timeframe, DOGE’s price increased by 90.51% while SHIB jumped by 204.02%.
The momentum shown by BONK and WIF suggests that they could outperform the top ...