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CoinMarketCap has seen cryptos Bonk, MultiversX, and Terra Classic experience larger than average losses between 17% and 18% amid shaken investor confidence.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $43,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning.

A big correction has arrived on the cryptocurrency market, according to CoinMarketCap.

In the ever-evolving landscape of cryptocurrencies, where new projects emerge at lightning speed, one name has been buzzing across social media platforms: Eggdog. In a matter of weeks, Eggdog has skyrocketed, capturing the attention of investors and enthusiasts alike, almost mirroring the meteoric rise of Bonk not too long ago.

Bitcoin (BTC) has reached a new multi-year high at $45,922 on January 2, 2024. Following its leadership, some cryptocurrencies have been trading at higher prices.

The overall market activity also saw a significant boost, increasing by 39.61% to reach $65.2 billion. Interestingly, meme coins are taking the lead in this rally, with Solana's BONK experiencing a fresh surge.

There is an ongoing recovery in the broader digital currency ecosystem, and meme coins are wildly riding the tide. While Bitcoin (BTC) is leading the market with its 6.97% jump to $45,334.10, Solana's star meme coin BONK is also taking advantage of this wild ride, jumping by 8.43% at the time of writing to $0.00001443, per data from CoinMarketCap.

BONK's Open Interest chart dropped from $248 mln to $155 mln on the 1st of January.

Bonk (BONK), a rising meme coin within the Solana ecosystem, gained significant attention with its impressive growth in December 2023. Despite recent ups and downs in the market, BONK has shown resilience, indicating potential promise for the year 2024.

Bonk (BONK), the emerging meme coin in the Solana ecosystem, has been making waves with its notable growth in December 2023. Despite recent market turbulence, BONK exhibits resilience, hinting at a promising future in 2024.

BONK's price surges by more than 8000% in 2023, making it the top-gaining crypto of this year.

The last day of the year is starting mainly bullish for cryptocurrencies, according to CoinMarketCap.

In the ever-changing landscape of cryptocurrency, the meme coin phenomenon has been a captivating spectacle, especially within the Solana network. One such coin, BONK, recently faced a significant downturn, experiencing a 41% decline over the past two weeks, coupled with a 20.8% drop in the last week alone.

The crypto market, known for its volatility, is perfectly exemplified by the recent fluctuations of popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and the emerging BONK. These digital currencies, reflective of broader market sentiments and investor behaviors, mirror the current state of the cryptocurrency industry and hint at its unpredictable nature.

January's top altcoins to watch: Solana, Bonk, Injective, Ethereum, and Chainlink, as they are set for bullish starts.

In a historic year marked by significant crypto market volatility, Bonk (BONK) emerged as 2023's top gainer, according to CoinGecko.

While the meme coin phenomenon bonk (BONK) captivated users on the Solana network, the cryptocurrency recently witnessed a 41% decline over the preceding fortnight, accompanied by a 20.8% descent in the past week. Following its mid-December peak to an all-time high (ATH), BONK has plummeted 57% from its ATH.

Most cryptocurrencies have had a bright 2023, accumulating massive gains during a sentiment pivot from 2022's bear market. Greed indexes returned to 2021's bullish levels, allowing investors to realize yearly profits.

Sei, Kaspa, and the memecoin Bonk are leading today's gains, with notable price and trading volume surges.

What is the driving force behind BONK's 24% daily upswing, defying the odds of market correction?

On Friday, the Solana (CRYPTO: SOL) ecosystem's standout token and one of this year's top-performing cryptocurrencies, BONK (CRYPTO: BONK), experienced notable gains. What Happened: Bonk (CRYPTO: BONK) has surged by 12% in the last 24 hours, bringing its 30-day increase to over 264%.

Injective (INJ) claimed the second spot in the list of top crypto gainers, marking a staggering climb of 2,976.4% from $1.27 to $39.07. Simultaneously, CorgiAI (CORGIAI) ascended to third place with a noteworthy 1,959.7% surge from $0.00014 to $0.00282.

In December, many big cryptocurrencies went through a significant drop due to growing uncertainty in the market. But now, things seem to be turning around, especially with Ethereum, the second-largest cryptocurrency, showing signs of a strong comeback.

Solana dog coin Bonk (BONK) is up by almost 25% in the last 24 hours, extending its year-to-date surge.