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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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
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