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Solana’s BONK Token Surpasses $1 bn MCap

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Solana’s BONK Token Surpasses $1 bn MCap

Bonk, a popular meme coin based on Solana, has reached a market capitalization of over $1 billion for the first time, attracting investors due to its low cost and swift transaction handling.

With a total supply of 20 billion tokens, Bonk stands out from other meme coins like Dogecoin and Shiba Inu.

Its recent surge has seen its gains reach around 750% in the last 30 days.

Bonk is leveraging the positive sentiment of Solana’s recent growth to achieve even higher multiples, demonstrating its potential as a profitable cryptocurrency project.

(With inputs from Shikha Singh)

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