This Week in Coins: Bonk Continues Surge With Solana Hype, Bitcoin Dips
Bitcoin and other major coins and tokens are down. But new meme coin BONK is still rallying.
Keep up with what's happening in the crypto world in real-time.
Bitcoin and other major coins and tokens are down. But new meme coin BONK is still rallying.
Big news for Solana! The Solana blockchain has made history by having more activity on decentralized exchanges (DEX) than Ethereum in a single day.
Solana News: Solana makes history by surpassing Ethereum in 24-hour decentralized exchange (DEX) volume for the first time since its launch in 2020, grabbing the attention of crypto leaders and enthusiasts. The Solana community celebrates this milestone as all Saga Mobile are sold out and meme coin Bonk breaks multiple records.
The BONK token surge impacted Solana's Saga phone sales, which comes with an airdrop of 30 million BONK tokens.
BONK's trading volume has surpassed Dogecoin (DOGE) and Shiba Inu (SHIB), a fairly significant accomplishment for the new Solana-based meme coin. Indeed, amid its spectacular climb, the newest meme coin on the market has officially given the two mainstays a run for their money.
In a whirlwind turn of events, the cryptocurrency landscape witnessed a staggering surge in the value of BONK, a Solana-based memecoin that soared to unprecedented heights following its unexpected listing on Binance. This move comes hot on the heels of Coinbase's recent inclusion of BONK, setting the stage for an electrifying trajectory that defies expectations and leaves the crypto community buzzing with excitement.
BONK's price has more than doubled in the last 24 hours after Binance announced the token listing on its trading platform.
Dogecoin (DOGE) competitor Bonk (BONK) is continuing its steep ascent, nearly doubling up in price over the last 24 hours. The meme asset, which was built over smart contract platform Solana (SOL), recently surpassed its rival Shiba Inu (SHIB) in daily trading volume en route to its price of $0.
Solana Mobile finds BONKers strategy after sales figures fall short of expectations.
In an unexpected turn of events, the Solana-based memecoin Bonk (BONK) has experienced an extraordinary 1,000% monthly surge following its recent listings on major cryptocurrency exchanges. The momentum began with Coinbase's listing, followed closely by Binance's surprise announcement, propelling BONK to new heights and generating enthusiasm within the crypto community.
While the week started on a high note of $43,800 for Bitcoin (CRYPTO: BTC), it didn't reach that level again for the rest of the week. The crypto's apex king reported a 4% drop in the past 7-days trade while Ethereum (CRYPTO: ETH) saw a 4.6% fall in the same timeframe.
The Saga is sold out in the U.S. and EU supplies are nearly tapped out. Solana Labs told Decrypt how it's assessing next moves.
Solana-based BONK has emerged as one of the best performers over the past week even after meme coins put on a good show for investors. However, given that the meme coin has since crossed the $1 billion market cap threshold, some will argue that the potential to make a lot of profit has diminished already, leading to a hunt for other meme coins that could end up putting on a similar rally.
In a recent crypto market spectacle, the Solana-based memecoin, BONK, has caused quite a stir. Surging by an impressive 100% in the last 24 hours, this skyrocketing ascent has ushered in an exhilarating era for BONK enthusiasts.
Top altcoins to buy: The cryptocurrency market is ushering in the weekend in the red, as Bitcoin price slashed gains accrued this week. It appears that sentiment surrounding the Federal Reserve projection of three rate cuts in December was not enough to get the market out of the overbought death dive.
A widely followed crypto analyst is updating his outlook on one red-hot Solana (SOL)-based memecoin. Pseudonymous crypto strategist Altcoin Sherpa tells his 201,400 followers on the social media platform X that Shiba Inu (SHIB) rival Bonk (BONK) could still have more upside potential after a massive rally.
In a rapid ascent akin to its meme-themed roots, Solana's latest meme token, BONK, has catapulted to prominence, witnessing an unprecedented 100% surge across esteemed cryptocurrency exchanges.
Solana, a strong contender in the Layer-1 space challenging Ethereum, has once again demonstrated its prowess.
A trader has managed to make a profit of around $784,000 on the Solana-based meme-inspired cryptocurrency BONK after the token was recently listed on major cryptocurrency exchange Binance and Coinbase. According to on-chain monitoring service Lookonchain, after BONK was listed on leading cryptocurrency exchange Binance its price rose above $0.
In a surprising turn of events within the technology market, the Solana Saga smartphone, previously grappling with lackluster sales figures, has undergone a remarkable resurgence. The catalyst?
The BONK meme cryptocurrency has surpassed both Dogecoin (DOGE) and Shiba Inu (SHIB) in 24-hour trading volume.
The Solana-based meme token BONK strengthened its position in the market by ranking 69th on CoinGecko's list of the most valuable digital currencies, marking a significant milestone as its market capitalization exceeded $1 billion for the first time.
Solana-based meme coin BONK has continued to soar in value and hit new all-time highs—and the Saga smartphone is an unexpected beneficiary.
The recent surge in BONK's value can be partly attributed to Binance, the world's leading cryptocurrency exchange by trading volume. Binance announced the listing of BONK on December 15, introducing spot trading pairs including BONK/USDT, BONK/FDUSD, and BONK/TRY.