Bonk Meme Coin community eyes 1000% returns in promising new ICO.
Solana's popular meme coin, Bonk ($BONK), has taken a step back, dropping over 30% from its recent peak on Monday. Now, the Bonk community is turning its attention to a new Initial Coin Offering (ICO), aiming for 1,000% return.
Currently valued at around $2 billion, Bonk could potentially see a tenfold increase in value during this bull market, but that's a big challenge, especially when compared to heavyweights like Dogecoin($DOGE ) and Shiba Inu ($SHIB )
For those seeking even bigger profits, it might be worth exploring smaller, less-known meme coins with lower market caps but high viral potential.
Sponge serves as the native token for a play-to-earn (P2E) racing game. It reached a market cap of $100 million last year.
It recently moved to Polygon for lower fees and faster transactions, causing a surge in its price. As of now, Sponge ($SPONGE) is trading at $0.001811, showing a remarkable 200% increase since its Polygon launch on February 5th. Its market cap is now over $67 million, according to DEXTools.
~ Andrea from X MUCAN
