News Flash: Bonk Inu price jumps 25%, making it the fifth largest meme coin with a market capitalization of over $1.7 billion. 🚀

Despite the rise, traders are reminded of the meme coin's volatility and advised to invest with caution.

Bonk Inu (BONK), which is based on Solana, was the best performer with a daily price surge of 25%. Its market capitalization exceeds $1.7 billion, establishing the asset as the fifth largest. Floki Inu (FLOKI) is in sixth place with about $1.4 billion.

Many industry participants noted BONK's recent progress, predicting that the coin still has the fuel to surge even higher.

However, meme coins have the ability to surge significantly overnight and benefit savvy traders who get on the bandwagon at the right time. However, they can also fall by double digits in a matter of hours, resulting in huge losses for investors.

In other words, people should enter the ecosystem after doing proper due diligence and only invest as much as they are prepared to lose. What do you think? Come on, discuss it in the comments column!#cryptonews#bonkinu ​#memecoin