Solana Dog-Token Darling BONK, That Once Shot Up 3300%, Is Today's Top Meme Coin Performer — Leaves Shiba Inu, Dogecoin Trailing In The Dust
Portfolio Pulse from Mehab Qureshi
Solana-based meme coin BONK has outperformed Dogecoin and Shiba Inu in the last 24 hours. BONK, launched on December 25, 2022, appreciated by over 3,300% to a peak of $0.00000487 in January 2023. Currently, BONK is trading at $0.0000006757, while DOGE and SHIB are up 0.25% and 0.10% respectively. Amidst the rally fueled by the Bitcoin ETF, BONK has emerged as the top meme coin performer today, generating a trading volume of over $20.5 million.
October 31, 2023 | 6:10 am
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POSITIVE IMPACT
Solana's meme coin BONK has outperformed other popular meme coins, indicating a strong performance of Solana-based assets.
The strong performance of BONK, a Solana-based meme coin, could potentially boost investor confidence in other Solana-based assets, including SOL itself.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Dogecoin has seen a slight increase of 0.25% but is outperformed by BONK.
While Dogecoin has seen a slight increase, it has been outperformed by BONK, which could potentially impact investor sentiment and trading behavior.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 75
NEUTRAL IMPACT
Shiba Inu has seen a slight increase of 0.10% but is outperformed by BONK.
While Shiba Inu has seen a slight increase, it has been outperformed by BONK, which could potentially impact investor sentiment and trading behavior.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 75