Solana's Shiba Inu Goes Big: BONK Reaches $2 Billion Milestone
BONK has surged by over 35% in price, pushing its market value to impressive $2 billion
In an exciting development within the cryptocurrency market, Bonk (BONK), the dog-themed meme coin built on the Solana blockchain, has surged by over 35% in price, pushing its market value to an impressive $2 billion.
This meteoric rise highlights the growing appeal of meme coins and their significant impact on the broader cryptocurrency market.
Bonk, inspired by the success of other dog coins like Dogecoin (DOGE) and Shiba Inu (SHIB), quickly gained traction after its launch on the Solana blockchain.
According to CoinMarketCap data, BONK's market capitalization is now $2.04 billion, placing it as the 55th largest cryptocurrency by market cap.