Listing Surprise to DOGE and SHIB Competitor: Price Shot!

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in the Solana ecosystem. BONK, recorded high purchasing activity. The listing of the Huobi exchange took things much better in the altcoin.

BONK has managed to attract the attention of investors for a while. The popular meme coin of recent days had previously been bustling with plans to be listed by MEXC. Huobi, on the other hand, shared its plans for withdrawals shortly after quickly activating deposits.

Popular Altcoin of the Last Days: BONK

Soon wither BONK, which was included in the network, managed to attract the attention of investors in a short time. The meme coin, which was traded at $0.000002094 at the time of writing, has increased by around 70% in the last 24 hours. The market cap of the meme coin was recorded at $117,275,411. The relatively low market cap and low token value did not dampen investors’ hopes of getting rich. On the contrary, many investors have hope that if the value per token is $1, they will become rich.

BONK price prediction

Directly affiliated with Solana DEX, BONK occupies a critical position, reflecting the support of the community. If traders sell to make a profit, this could trigger a drop in Solana price.

BONK, on ​​the other hand, is gaining momentum, though meme coinIt also has the possibility of following the previous price action. Even though it tries to offer certain advantages as an ecosystem, BONK may end up in decline.

Whatever the outcome, the meme coin seems to have saved the Solana ecosystem for now. As we reported as Koinfinans.com, Solana, which lost great value after the FTX collapse, is struggling with difficulties.

According to the data, the top 20 BONK holders control about 50% of the supply. Also, the DAO provided 15% of the total supply, a significant portion of which came via free airdrops. Therefore, the probability of a sharp sell-off is quite high.


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