Dogecoin Rival Is Back: This Meme Coin Up 17%!

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A Solana-based meme coin that once caused a sensation in the digital currency ecosystem and is sinking into oblivion. bonk (BONK) is now making one of the most ambitious comebacks in its history.

The highly volatile digital token is trading at a price value of $0.0000006654, up 17.84% in the last 24 hours. As widely documented, Bonk’s Shiba Inu (SHIB) and even dogecoin (DOGE) is known to have a bullish price action to compete with.

However, with the FUD bouts flooding the industry in the past few months, the token has failed to keep up with its hype. Koinfinans.com Labeled as an unusual move as we reported, the meme coin has announced a partnership with the Bandit network to create a cross-chain mint aggregator and bring more benefits to BONK. Thanks to this partnership, users will now be able to mint non-exchangeable tokens (NFTs) on the three largest smart contract networks, including Ethereum (ETH), Solana (SOL), and Binance Smart Chain (BSC) using Bonk.

the temporary termination of BONK, shiba inuIt was based on the premise that BONK, a widely recognized driver, did not create adequate avenues to promote its adoption.

Will BONK be able to keep its promises?

BONK came into the limelight earlier in the year. With its resurgence at that time, there is an expectation that the token will return to fulfilling its initial promises to its original backers.

One of these promises is the possibility that the token will be featured well in the highly anticipated Solana Mobile Phone Saga. With plans to adopt BONK as a payment model and the eventual burning of some of the accrued sales, Solana Phone has put the coin on a deflationary path to complement its current momentum. Before the prospects get long, many are currently observing that the latest partnership agreement will help the token achieve in the near term.

You can follow the current market movements here.


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