The price of the dog-themed meme asset Bonk (BONK), based on the Solana (SOL) blockchain, has risen over 40% within a span of 24 hours. This impressive surge in price has also propelled Bonk's daily trading volume past that of its competitor, Shiba Inu (SHIB).
According to recent data from CoinMarketCap, the competitor of Dogecoin (DOGE) has experienced an astonishing 71.8% surge in its daily trading volume. This surge has resulted in a total trading volume of approximately $311 million for the cryptocurrency.
In contrast, Shiba Inu (SHIB) has witnessed a 29.6% increase in its 24-hour trading volume, reaching a total of $232 million. Additionally, the data reveals that BONK has experienced an impressive 58.7% surge in market capitalization, propelling it to the 68th position among digital assets.
Recently, top-US-based crypto exchange platform Coinbase announced that it will be adding the red-hot meme coin to its altcoin listing roadmap, which alerts traders that Coinbase could soon start supporting a specific digital asset.
To enhance transparency and mitigate the risk of investors front-running trading announcements, Coinbase implemented the listing roadmap in 2022. This roadmap serves as a mechanism for increased visibility and allows investors to better anticipate and respond to new listing announcements.
Bonk also recently announced they have launched BONKBot, enabling users to trade crypto assets on Telegram.
"On the third day of BONKmas, my true dog gave to me: BONKbot! Trade with ease using BONKbot on Telegram. This BONKmas, discover how BONKbot simplifies trading and managing your positions.”
Crypto analyst Ali Martinez has recently issued a cautionary statement regarding BONK, suggesting that a month-long correction may be looming for this meme asset.
Based on the analysis by strategist Ali Martinez, a significant reversal has occurred in a key indicator, indicating a sell signal for BONK.
As of the current time, BONK is trading at $0.000015, representing a remarkable 49% surge in the past 24 hours. Additionally, it has experienced an extraordinary increase of over 400% in value over the last 30 days.
ChatGPT 4.0 has forecasts that an exciting new crypto, Rollblock ($RBLK) could soon surpass well-established altcoins like Solana (SOL) and Shiba Inu (SHIB) due to its innovative blockchain gaming ecosystem and rapid investor adoption.
XingChiTo the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference.
XingChiAt the TOKEN 2049 Summit in Singapore, BONK, a meme coin under the US blue-chip public chain Solana, announced that it would launch an ETP and hinted that an ETF might be launched in the future. The token has skyrocketed by more than 8,788% in one year.
AlexThe Shiba Inu community warns of increasing scams targeting its holders, urging caution and vigilance as fraudulent schemes and fake Telegram groups proliferate.
WenJunVitalik Buterin donated over $500K in animal-themed meme coins to charity, urging more practical utility for meme coins. Is this a genuine act of altruism or a strategic move to enhance his image while offloading coins?
KikyoThe Shiba Inu community, known for its large and active base, is increasingly targeted by scammers exploiting its popularity through fake airdrops and giveaways on Telegram and X. These scams aim to steal funds by tricking users into connecting their wallets or sharing personal information, capitalising on the community’s enthusiasm and trust.
AnaisShiba Eternity’s Web3 launch on Shibarium requires LEASH token staking for exclusive access. The game's integration with Shibarium will burn SHIB tokens, potentially increasing SHIB's value and driving up its price.
WeatherlyCybercriminals exploited WazirX, resulting in the theft of multiple crypto assets worth over $230 million.
Cheng YuanManta Network has partnered with BONK to launch a meme-themed campaign. This collaboration aims to build an interconnected meme community and boost user engagement and eligible participants can claim MANTA rewards over the next month.
CatherineSHIB experiences a 3900% increase in token burn rate alongside $35.2M whale investments, fueling hopes for a rally. Trading at $0.00002569, short-term surges to $0.00003 and $0.00005 anticipated.
Xu LinBonk has soared more than 47% in the short term and is up nearly 200% in the past week as the broader market rebounds and Bitcoin nears all-time highs. Amid this rally, Bonk's combined market capitalization has surpassed that of SUI, SEI, and TIA, and currently stands at $2.5 billion.
JinseFinanceKelexo (KLXO) stands out in crypto chaos, redefining decentralized lending with a revolutionary presale. A beacon of progress amid uncertainties, it embodies transparency and inclusivity in digital finance.
EdmundDespite recent market turmoil, Bonk (BONK) experiences an unexpected recovery, attributed to strategic actions by whale investors. Their confidence in a bullish reversal has stabilized prices, attracting attention from retail investors. However, caution is advised due to the fragility of such recoveries, especially in a bear-dominated market.
BerniceBinance lists Bonk (BONK) on December 15, offering BONK/USDT, BONK/FDUSD, BONK/TRY trading pairs, and adds BONK to isolated margin trading within 48 hours.
BerniceBONK, a Solana-based meme coin, spikes 40% following Coinbase listing news.
Cheng YuanJanuary 2023 has been the second worst month for crypto layoffs as a new wave of redundancies hit the industry, with as many as 2,806 people losing their jobs.
decryptBONK saw significant loss in its value after the burning event.
cryptopotatoThe upcoming ETH Merge remains a highly anticipated and hyped event in the crypto space.
BitcoinistWhile CoinMarketCap was acquired by Binance during post-2017 crypto winter, the current bear market is not the right time to sell CoinGecko, its COO said.
CointelegraphWhile investigations are underway, the ongoing attack on various crypto platforms may be connected to the compromise of Coinzilla, an advertising and marketing agency.
Cointelegraph