Solana-based meme coins BONK and FLOKI surge amidst market downturn
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Solana-based meme coins Bonk (BONK) and Floki (FLOKI) have outshined most of the popular meme coins with over a 15% surge in the last 24 hours.
At the time of writing, BONK was up 17%, exchanging hands at $0.000022.
The crypto asset’s market cap is currently sitting at $1.53 billion, marking it the 56th largest cryptocurrency per data from CoinMarketCap.
The token’s daily trading volume doubled over the past day, reaching almost $300 million. However, BONK is still down 46% from its all-time high of $0.000041, which it attained on May 29.
Bonk is a meme coin that rose to prominence in 2023, surging as a new boom in meme coins drove Solana higher.
