While Bonk Price Climbs with $500 Million Volume, This Dog Coin Tops $5.35 Million
Solana-based meme token BONK has joined the rest of the crypto market in the ongoing bloodbath in values.
According to CoinMarketCap, BONK has declined by 13.41% in the last 24 hrs, marking a sharp reversal from its previous bullish trend.
Despite this recent dip, $BONK has shown impressive trading volume, reaching $500 million in the last day.
Despite its recent price decline, the token’s high trading volume indicates persistent interest and activity, a testament to its enduring popularity as one of the best meme coins to buy today.
$BONK
One of the only charts I can see out there showing relative strength…
Trend looks strong so I opened a long this morning. Clean invalidation level.
3.2R seems a good trade. pic.twitter.com/piOxZncMdW
— Posty (@PostyXBT) July 3, 2024
And amid this setback, BONK is still a top rated token in the Solana ecosystem.
The token’s performance continues to be influenced by developments within the Solana ecosystem, including the recent news of VanEck filing for a Solana ETF.
VanEck & 21Shares just filed a form for $SOL ETF.
Once it's approved, the biggest SOL altseason will start.
So I scanned 350 SOL coins and bet on 9 ones with 50-100x upside.
They could be the next $WIF and $BONK
Read more on cryptonews.com
