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Altcoin News

Solana-Based BONK Experience Whopping 50% Surge in 24 Hours

Written By:
Dishita Malvania

Last updated: February 29, 2024 6:25 PM
Published February 29, 2024 3:48 PM
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Last updated: February 29, 2024 6:25 PM
Published February 29, 2024 3:48 PM
Solana-Based BONK Experience Whopping 50% Surge in 24 Hours

In a whirlwind surge, a meme coin based on the Solana blockchain, BONK, pumps by a staggering almost 50% within a mere 24-hour span, sending shockwaves through the trading sphere.

According to Coinmarketcap data, BONK has surged by around 50% in the last day and is currently priced at $0.000021. Solana-based BONK’s market capitalization has reached $1.4 billion after an impressive surge of 85% in the past week, propelling it to the 62nd position among cryptocurrencies and ranking it as the third-largest meme coin in the market.

Bonk Chart
Source: CoinMarketCap (BONK’s market cap surge in 24 hours)

At the time of writing, the total volume of BONK has experienced a significant surge of approximately 189%, amounting to $995.6 million.

BONK’s price hike comes as Bitcoin surpassed $60,000, bringing bullish sentiment to the overall crypto market.

Also Read: PEPE & WIF’s 50% Surge: Meme Coins Highlight Crypto’s Evolving Landscape

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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