WIF and BONK Defy Market Trends Amid Crypto Downturn

On a turbulent Friday for the crypto market, Solana meme coins dogwifhat (WIF) and BONK emerged as unexpected winners. While the broader market faced significant declines, WIF surged by over 7% and BONK by 2%.

WIF's revival comes after a period of silence, with its price rebounding from a three-month low of $1.58 to gain 43% within a week. Meanwhile, BONK also saw a swift recovery, bouncing back 18% after a sharp decline, ending the day with a 3% gain.

Despite the overall bearish pressure, these gains for WIF and BONK highlight the resilience of Solana's top meme coins. However, with the market still reeling from the impact of Mt. Gox's BTC repayment program, the future remains uncertain for meme coins amid high volatility.

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