Bonk Inu (BONK) Surges Over 50% in Two Weeks, Becomes Fifth-Largest Meme Coin
In a sea of red in the cryptocurrency market, one meme coin is defying the odds and climbing the ranks. Bonk Inu (BONK), a Solana-based meme coin, has seen a remarkable 55% increase in price over the past two weeks, propelling it to become the fifth-largest meme coin with a market capitalization of nearly $1.6 billion.
The impressive growth of BONK can be attributed to strong investor interest and its recent listings on major cryptocurrency exchanges such as Binance and Coinbase. Despite the overall market correction affecting top digital assets like Bitcoin and Ethereum, BONK has managed to stand out and attract attention.
Since its inception in December 2022, Bonk Inu has been on a meteoric rise, garnering support from prominent individuals and gaining listings on leading exchanges. Its market capitalization now surpasses that of popular altcoins like Axie Infinity and Aave, solidifying its position as a top player in the meme coin space.
With its recent surge, BONK has flipped Floki Inu to become the fifth-largest meme coin and the second-largest on the Solana blockchain, trailing only behind dogwifhat. As the cryptocurrency market continues to evolve, Bonk Inu’s impressive rise serves as a testament to the growing popularity and potential of meme coins in the digital asset space.