Bonk Inu (BONK) has become the third largest meme coin today, surpassing Pepe (PEPE). While BONK price has increased by nearly 1000% in the last 30 days, Pepe coin seems to be losing its appeal. The new Bonk price gain has pushed the meme crypto category to continue positive sentiment.
BONK Price Gained 1000% Value in 30 Days
Data shows that the Bonk price has increased by 36% in the last 24 hours. 24-hour trading volume increased by 91% to $217 million. At the time of writing, it is trading at an average price of $0.000012. However, leading the ongoing surge is Bonk, the third largest meme coin It managed to reach a market value of $754 million.
Bonk to break into tally of top three cryptos pepe coinHe displaced . PEPE has recently emerged as the new trending meme coin in the market. Now it faces stiff competition from other cryptos. Pepe Coin’s recent performance has not been good so far. Its price managed to gain 30% in the last 30 days.
Koinfinans.com As we reported, PEPE price increased by 5% in the last 24 hours. 24-hour trading volume fell 7% to $195 million. Pepe is trading at an average price of $0.000002 at the time of writing. However, its market value dropped to $634 million.
BONK is being touted as the first dog-themed coin based on the Solana network, by the people, for the people. However, 50% of Bonk’s total supply is transferred by air to the community of Solana.
Solana’s big comeback this year is one of the key reasons fueling the huge rise in BONK price. SOL entered 2023 trading in the single digits ($9.91). However, Solana now appears to be on its way after rising 624% last year.
SOL price recorded a gain of over 13% in the last 24 hours. At the time of writing, it is trading at an average price of $72. Solana has now become the sixth largest crypto with a market cap of approximately $31 billion.