Exciting news from the crypto world! 🎉 Bonk (BONK) has just overtaken Dogwifhat (WIF) to become the top meme coin on Solana! 🚀 Following the announcement that it will burn nearly 1 trillion tokens on December 25, 2024, BONK's price has soared by over 11% in the past 24 hours. 📈
BONK's market cap has now reached $3.94 billion, higher than WIF's $3.60 billion. 💰 BONK is currently trading around $0.0000513 and has hit an all-time high of $0.0000566! 😍 Trading volume has also increased by 73% following the announcement, showing high trader enthusiasm. 📊
Meanwhile, WIF seems to be struggling, only gaining 0.65% in the past 24 hours. 😬 However, BONK managed to gain more than 105% in the past few days, while WIF only gained 35%. 😲
Token burn announcements are usually considered positive in the crypto world, as they reduce the circulating supply and can trigger price increases. 🔥 And it seems like BONK is getting a lot of attention from the crypto community, with its social dominance increasing to 1.61%! 💬 So, let's see what happens next! 👀
