After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and it has managed to gather a market capitalization of around $63 million.
BONK Sees Market Cap Soar to $204 Million Before Plummeting to $63 Million in 24 Hours
The cryptocurrency community has been discussing a new meme token called bonk inu (BONK), a dogecoin (DOGE) and shiba inu (SHIB) wannabe that is now the sixth-largest meme coin asset today. According to the BONK development team and its “one pager,” Bonk is “the first Solana dog coin for the people, by the people with 50% of the total supply airdropped to the Solana community.”
The airdrop boosted the price of solana (SOL) in recent times after the project has been dealing with negativity stemmin
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