During a year marked by significant fluctuations in the cryptocurrency market, Bonk ($BONK) emerged as the leading gainer of 2023.

The meme coin shot up from $0.0000002 to $0.0000146, an amazing 7,302.9% increase.

As disclosed on December 29, CoinGecko's year-end study indicates that Bonk's impressive rise was mostly propelled by a calculated airdrop.

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Recorded on December 15, 2023, or roughly 16 days ago, $0.00003416 was the highest amount ever paid for Bonk (BONK).

As of right now, the price has dropped by almost 58.90% from its peak.

On the other hand, on December 29, 2022, or about a year ago, $0.000000086142 was recorded as the lowest price ever paid for Bonk (BONK). In contrast, the price at this moment is roughly 16,208.40% greater than its all-time low.

Bonk (BONK) is currently ranked #82 on CoinGecko with a market capitalization of $852,288,691.

The market capitalization is determined by multiplying the token price by the total number of BONK tokens in circulation, or 61 trillion tokens that may be exchanged on the market.

Moreover, Bonk's (BONK) fully diluted valuation (FDV) is $1,312,514,682. This figure shows the greatest market capitalization that could be achieved if all 100 trillion BONK tokens were in circulation at the same time.

Depending on the emission timetable for BONK tokens, the realisation of FDV could take several years.

Top Crypto Gainers in 2023

1. Bonk - 7303%

2. Injective - 2976%

3. CorgiAl - 1960%

4. Kaspa - 1866%

5. Render - 1139%

6. Solana - 974%

7. Conflux - 774%

8. WEMIX - 759%

9. Fetch.ai-698%

10. Stacks - 633%