๐ $BONK Breaks All-Time High โ 1 Trillion Token Burn Incoming!
Solana-based memecoin BONK surged 16% in 24 hours, hitting record price levels amid Bitcoin highs and memecoin listings on platforms like Coinbase and Robinhood.
Highlights:
- Trading Volume: BONK leads with $2.6B, outperforming Dogecoin (DOGE), Shiba Inu (SHIB), and others.
- Coinbase Activity: Recorded $384M in trading, topping memecoin volumes.
- Technical Breakout: BONK formed a โtriple bottomโ on its weekly $SOL /USD chart, signaling bullish momentum as Solana gains traction.
Token Burns:
- 100 Billion Tokens Burned: BonkDAO has aggressively reduced supply.
- 1 Trillion Burn Planned for December (BONKmas): Expected to drive scarcity and prices higher.
- Over 7.7 trillion BONK burned so far, with 1 billion tokens burned daily.
BONK is riding the Solana wave with renewed individual and institutional interest.
DYOR โ This is not financial advice.