Will BONK Be the Next SHIB?
BONK is a new meme currency built on the Solana blockchain and took the cryptocurrency world by storm last year. It’s up nearly 910% in the last 365 days making early investors sit on heaps of profits. The new meme currency BONK nearly challenged the oldies in the cryptocurrency sphere Dogecoin and Shiba Inu. BONK almost stole Shiba Inu and Dogecoin’s thunder and tried to reach their pinnacle of fame.
So can BONK meme currency become the next Dogecoin or Shiba Inu? Can it have a sea of die-hard investors who will stick by through thick or thin? In this article, we will highlight whether the Solana-based meme currency BONK can become the next SHIB or not. We are not talking about the price here, this article explains the community attraction between BONK and SHIB.
The answer to the question is plain and simple: BONK cannot become the next Shiba Inu and overtake its fame. Shiba Inu is Shiba Inu, period. It commands a different type of fanfare in the cryptocurrency market where investors connect with it on a personal level. They believe SHIB’s success is their success, and the phenomenon echoes across the community.
The Shiba Inu community is built differently and BONK cannot come an inch closer to it. SHIB investors genuinely celebrate its success, which includes price rises, and product launches such as Shibarium, among others.
When it comes to thrashing the dog-themed token, the hate also comes genuinely from the heart. The SHIB community is open to calling a spade a spade and making the developers correct their mistakes.
Additionally, if investors want to make their voices heard, they will move heaven and earth to achieve it. Remember how they bombarded Robinhood with ‘Hey Robinhood, when SHIB?’ comments in 2021 and 2022? Robinhood was forced to listen to their voices and eventually list SHIB in April 2022. That to you is ‘peak Shiba Inu’ investor behavior which BONK can only dream of achieving.