BONK loses $2.13 billion in market capitalization amid the turbulent waves of meme coins
The market capitalization of BONK has significantly decreased recently, specifically losing about $2.13 billion due to widespread negative sentiment in the investment community, especially during the tough times that meme coins are facing. Specifically, from a market cap of up to $4.35 billion in mid-November, BONK's market cap has dropped to around $2.55 billion at the present time, corresponding to a decrease of about 34.11% in value.
This decline also reflects the overall situation of meme coins, where the general market sentiment recently has not been very optimistic. If market conditions do not improve, it is highly likely that BONK will continue to face difficulties in recovering.