🔥 BONK's BURNmas Bonanza! 🔥
Despite burning 1.69 trillion tokens, Solana-based meme coin BONK continues its downward trend. The BURNmas event, meant to boost scarcity and value, saw BONK's supply drop to 90.97 trillion. Yet, the token fell over 7%, with a market cap around $2.3 billion. 📉
Why the dip? A broader crypto downturn and unmet burn promises may have dampened spirits. Meanwhile, Pudgy Penguins' PENGU token surged, briefly overtaking BONK. Will BONK bounce back? Share your thoughts below! 👇