Price: $0.39660 5.2615%
Market Cap: 58.26B 1.7661%
Volume (24h): 8.74B 0.4%
Dominance: 1.7661%
Price: $0.39660 5.2615%
Market Cap: 58.26B 1.7661%
Volume (24h): 8.74B 0.4%
Dominance: 1.7661% 1.7661%
  • Price: $0.39660 5.2615%
  • Market Cap: 58.26B 1.7661%
  • Volume (24h): 8.74B 0.4%
  • Dominance: 1.7661% 1.7661%
  • Price: $0.39660 5.2615%
Home > Information news > BONK’s trading volumes have skyrocketed 130%, reaching $285 million in the past day

BONK’s trading volumes have skyrocketed 130%, reaching $285 million in the past day

Release: 2024/01/11 16:33 Reading: 652

Original author:Optimisus

Original source:https://coinmarketcap.com/community/articles/659fa12690d0f8625daae4fa

BONK’s trading volumes have skyrocketed 130%, reaching $285 million in the past day

BONK, claiming to be the "first Solana dog coin," has defied the odds by rising 15% in the last 24 hours.

BONK has emerged as a refreshing beacon of green in a landscape where both Dogecoin and Shiba Inu are suffering double-digit losses, raising questions among investors about the strength behind its bark.

BONK's bullish stride isn't just a fad; it's part of a larger trend. The meme coin has increased by 10% in the last week, bringing its value to $0.00001363. This not only reflects BONK's tenacity but also highlights its notable medium-term momentum.

Analysts are optimistic about BONK's future trajectory, especially given the US SEC's decision on Bitcoin ETFs tomorrow.

If the decision sparks a broader market rally, BONK could see even bigger gains, potentially outperforming canine-themed peers like Shiba Inu.

BONK's upward trajectory is propelled by an enticing combination of positive factors. The coin's social engagement has nearly doubled, creating a palpable buzz that is translating into tangible market momentum.

This increased interest is reflected in trading volumes, which have increased by 130% in the last day, reaching a staggering $285 million.

To put this in context, BONK's trading volume now exceeds Shiba Inu's, demonstrating retail investors' growing enthusiasm.

The post BONK’s trading volumes have skyrocketed 130%, reaching $285 million in the past day appeared first on Optimisus.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.