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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