The recent popular memecoin on the Solana blockchain, Bonk, has continued to gain throughout the bullish rally, surging more than 50% in the past 24 hours.
According to market data from Coinmarketcap, Bonk price has increased over 50% during the past 24 hours, rising from $0.0000098 to a high of $0.00001435. The potential pump occurred after its listing announcement on the leading crypto exchange, Coinbase.
While the crypto market took a deep correction on December 13, Bonk lost nearly $200 million from its market cap, which has now come back again at over $800 million.
Bonk has recently become the third largest memecoin in the entire cryptocurrency industry after flipping another popular memecoin Pepe on December 11.
