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The Solana-based meme coin Bonk (BONK) has emerged as the top gainer among the top 100 cryptocurrencies with its social activity almost doubling. BONK's price has seen a 26% surge in the past 24 hours and is trading at $0.
After Solana's remarkable performance in December 2023, OKX has introduced two tokens on its platform – Jito (JTO) and Bonk (BONK). Despite a recent dip in the value of Solana meme coins like BONK and Dogwifhat, the overall Solana ecosystem remains vibrant, with transaction volumes hitting $42 billion in early January 2024.
In recent weeks, memecoins on the Solana blockchain were witnessing a significant surge in value, achieving new all-time highs amid listings on various exchanges and a growing purchasing interest. Nevertheless, this trend has largely faded.
The Solana (CRYPTO: SOL) based meme cryptocurrency, Bonk (CRYPTO: BONK), has experienced a resurgence, climbing 30% over the past 24 hours after a decline that followed its year-end rally. What Happened: In the last 24 hours, BONK surpassed the performance of other meme coins such as Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Pepe Coin (CRYPTO: PEPE), which recorded gains ranging from 5% to 11%.
The Solana-based memecoin, Bonk (BONK), has drastically declined in price, plunging over 70% from its all-time high achieved in December 2023. This abrupt drop follows a remarkable run throughout 2023 when Bonk recorded more than 11,000% gains and secured listings on major cryptocurrency exchanges.
The best cryptos to buy have risen sharply over the past year and continue to climb higher as the rally in cryptocurrencies continues.
Navigating the monthly lows, the orange dog-encrusted BONK ends up on another major crypto crypto exchange.
In the ever-volatile realm of meme coins, recent days have seen a mixed bag of fortunes. Notably, Dogecoin (DOGE) and Bonk (BONK) have dipped, while Sponge (SPONGE) token emerges as a standout performer, marking a staggering 130% surge within a week.
The demand for Solana-based memecoins has decreased in the past week as major tokens continue to retrace December's gains.
OKX, a leading cryptocurrency exchange, has officially listed two prominent tokens from the Solana blockchain — Jito (JTO) and Bonk (BONK). This move is expected to bring new opportunities to traders and investors, but the big question on everyone's mind is whether the listing will lead to a much-needed price rebound for these tokens.
One of the largest cryptocurrency exchanges, OKX, announced the listing of two popular tokens in the crypto community. The OKX exchange said on Jan. 8 that Jito (JTO) and Bonk (BONK) tokens will be listed on the spot platform.
The total market cap remained flat at $1.66 trillion. Amid the rollercoaster ride, crypto assets Bitcoin, Near Protocol and Bonk made noteworthy moves.
While these coins have experienced volatility in the past, their future growth remains uncertain. It's essential for investors to stay informed about market trends, news, and any developments related to these cryptocurrencies.
Bears are more powerful than bulls at the beginning of the weekend, according to CoinMarketCap.
The crypto industry had started the year positively by adding significant value to its valuation. However, the market has experienced a short selling which has resulted in top cryptocurrencies recording correction in their respective portfolio. Further, the BONK price has lost over 10% in the past day, indicating a bear power in the market.
Spot market participants have reduced their demand for BONK in the last week, causing its value to decline.
MYRO, a Solana-based meme coin named after Myro, the pet dog owned by Raj Gokal, one of the co-founders of the Ethereum (ETH) rival, is posting impressive gains in the last 24 hours. Influencers are discussing listings on CEXes and potential bigger gains.
Solana dog coin Bonk (BONK) saw stellar performance in 2023, ranking among the top gainers.
The trio of Shiba Inu (SHIB), PEPE and BONK have been on a strained recovery path since the crypto ecosystem tumbled earlier in the week. With Shiba Inu's price trading surge of 0.16% to $0.00000971, PEPE has maintained a 1.78% plunge to $0.000001209 and BONK is notably bearing the brunt of the current sell-offs after dropping by 7.12% to $0.00001116.
The star of the 2023 bull run and the Solana ecosystem, Bonk, is surprising investors with disruptive price performance. After shedding over 65% of its value in the past month, BONK has shown signs of a bullish resurgence, leaving market participants both curious and cautious about the reasons behind this unexpected growth.
In a surprising turn of events, the price of Dogwifhat (WIF), one of the hottest meme tokens in the Solana ecosystem, has experienced a remarkable surge, soaring over 50% in the past few hours. After hitting a price low of $0.0805 just yesterday, marking its lowest point since Dec. 19, the meme coin initiated a sharp recovery with a new daily candle, reclaiming the $0.14 per token territory.
Bonk becomes a top gainer in 2023 with over 7,000% gains.
Wednesday's crypto market sell-off sent Bitcoin and most altcoins tumbling, with losses exceeding double digits. Bitcoin price plunged to $40,000 after brushing shoulders with $46,000, while Ethereum, after reaching $2,400, fell back to test support at $2,100.
In 2023, the cryptocurrency market was dominated by three key narratives. These included artificial intelligence (AI), GameFi, and meme coins.
