Bonk Market Value Hits $2 bn
Bonk, Solana’s top meme coin, has risen by 134% on Binance, becoming a top 50 crypto. Despite warnings of high volatility due to its unknown creators, Bonk’s market value reached $2 billion.
The coin’s price soared over 8,820% in 56 days, making it the third-largest meme coin after Dogecoin and Shiba Inu.
The surge also boosted sales of the Solana Saga Mobile, which sold out in the U.S. and comes with a Bonk airdrop valued at over $1000.
The Solana mobile, priced at $599, becomes cost-free with the Bonk airdrop, highlighting the impact of the BONK listing on Binance and its market presence.
(With inputs from Shikha Singh)
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