BONK: The Newest Meme Coin on Solana is Going Viral

BONK The Newest Meme Coin on Solana is Going Viral

There’s a new contender for top-dog and it lives on Solana.

Bonk (BONK), newest meme-coin going viral on social media, is getting recognition and support from some of the biggest names on Solana.

“Bonk is the first Solana dog coin for the people, by the people,” reads the bonkcoin website.

With little else too it, BONK is simply an SPL token on Solana where “everyone gets a fair shot.”

Big players in the SOL ecosystem Magic Eden teased a BONK integration on their platform. Whilst unlikely the integration will actually go forward, its further pushed the legitimacy of the token in the eyes of the community.

There are currently over 89k wallets that hold $BONK, according to data from Birdeye.

BONK is up 122% in the last 24 Hours.

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Source: CoinMarketCap

SOL price follows

The Solana ecosystem has taken a recent hit with its native SOL token dipping below $10 for the first time in over two years.

It’s since recovered, and sits at $11.85 at the time of writing. SOL has seen a recent uptrend, with BONK leading the rally.

Source: CoinMarketCap

$BONK trends on Twitter

Word of mouth moves fast on Crypto Twitter…

Screenshot 2023 01 03 181714
Source: Twitter

And just for fun…

BONK at SHIB’s market cap is a 96x
BONK at DOGE’s market cap is a 197x

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James Satoshi
James Satoshi
James is a leader in Web3, NFTs, & DeFi with over 4 years of experience in the industry. You'll spot him covering all topics through-out Coinmash in our guides and analysis sections.