Yesterday was a big day for cryptocurrency memecoin BONK/USD, based on the rapidly growing Solana (SOL/USD) blockchain, as it soared by an incredible 36%. The liftoff propelled BONK into forefront of coinmarketcap’s list of top performers, even outperforming other heralded performers such as Bitcoin (BTC/USD) and Ethereum (ETH/USD) as well as memecoin giant, Dogecoin (DOGE/USD).
Momentum drove the memecoin to reach a remarkable all-time high of $0.000011 and surpassed an incredible 946% change in the last thirty days. Many attribute this to the enormous investor enthusiasm currently surrounding the Solana blockchain. The acceptance was welcomed with glorious applause as crypto exchange giants, KuCoin, added the coin on Thursday in the form of a BONK/USDT trading miss. Mix in the additional 116.3% bask rise of whopping 35.23 million social interactions, says LunarCrush and it’s no surprise that the curtain had to fall with a surge of 108.67% trading volume raking in the unbelievable sum of $196 million.