Bonk, the first dog-themed coin on the Solana blockchain, recently increased in value by 7.80% in 24 hours. This meme coin is recovering from recent fluctuations and is trending upward.
At the time of writing, Bonk is trading at $0.00002385, up 8% from the previous day. According to CoinMarketCap, Bonk's market capitalization has reached $1.63 billion, ranking it 54th in the market cap rankings. Trading volume also increased by 66% in the last 24 hours to approximately $192 million.
An increase in the value of Bonk by 22% indicates a bullish trend. This also helped increase the value of other meme coins. Despite this week's gains, Bonk's value is down 36% over the past month. This came after the previous season's high.
Bonk has announced its latest venture, BONKrun, which was created in collaboration with Paris Musketeers and Octo Gaming. As reported in a recent post on X, the new gaming initiative aims to attract a wide range of mobile users.
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