BONK's 24-hour trading volume has risen 391%
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
BONK surged to intraday highs of $0.00002192, extending a three-day rise from lows of $0.00001357 on April 18. If today closes in green, BONK will mark its fourth day of consecutive gains.can be attributed to a few reasons, chief among them being the resurgence of meme coins in the broader cryptocurrency market. As meme coins garnered renewed interest, investors turned their attention to projects within the Solana ecosystem, seeking opportunities for outsized returns.
BONKBot is Solana's Telegram trading bot, which debuted in November 2023. BONKBot levies a 1% fee on all transactions, of which 10% goes to the BONK DAO. By burning the BONK earned, BONK DAO would reduce the total supply of BONK while recognizing the community's desire to have a matching burn from the DAO, as done by BONKBot on an ongoing basis.The proposal has been met with enthusiasm from the Bonk community, which views the burn as a positive step toward stabilizing the coin's market and fostering growth. As the proposal awaits approval, the anticipation has contributed to the buying frenzy, pushing Bonk's price higher.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Solana Dog Coin Bonk (BONK) Suddenly up 12%, Here Is Key ReasonSolana dog token BONK makes 12% jump in surprising price move
Lire la suite »
Dogwifhat, Bonk Prices Slide But New Solana Meme Coin SLOTH is Backed to ExplodeCrypto Blog
Lire la suite »
Binance Announces Expanded Support for Solana Meme Coins WIF and BOMEBinance catapults into Solana meme coin craze, unveiling expanded support for Solana's WIF and BOME
Lire la suite »
Dogecoin Dev Issues Urgent Warning on Telegram Crypto Bot Related to DOGE RivalDogecoin's developer issues stark warning on Telegram bot linked to Solana meme token BONK
Lire la suite »
Solana-Based Meme Coins Bonk and Dogwifhat Listed by Major Exchange in UKKraken has announced that slew of cryptocurrencies, including popular Solana-based meme coins, are now available for trading in UK
Lire la suite »
Meme Coin Massacre: WIF, BONK, PEPE, FLOKI, SHIB, and DOGE Plummet by Double DigitsCrypto Blog
Lire la suite »