A Viral Solana-Based Memecoin Is Up 2,500% Despite The Brutal Bitcoin And Ethereum Crypto Price Winter

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A solana-based memecoin called bonk that's also based on the shib inu doge meme is trying to recreate the success of earlier memecoins—racking up a 2,500% price rally...

, an ethereum rival closely linked to the collapsed FTX crypto exchange and boasting relatively high transaction speeds and low fees, has been hard hit by the FTX implosion over the last few months, dropping out of the crypto top ten. The solana price has, though, seen a boost from bonk's price surge, adding 35% over the last week.

Bonk's huge rally, soaring by around 2,500% since its December 25 launch and 150% in the last 24 hours alone, has been helped by a so-called airdrop that's seen free tokens distributed to solana developers and solana-based non-fungible token collectors. Some 50% of bonk's 56 trillion supply was sent out over the last week.

However, bonk is unlikely to hold onto these gains, despite several solana NFT projects moving to integrate bonk. Over the last year, various viral cryptocurrencies have burst onto the scene, briefly burning brightly but ultimately leaving investors out of pocket. Squid game, a cryptocurrency inspired by but unaffiliated with the wildly popular Korean-language Netflix

 

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Goooo solana gooo $bonk

$BONK

Oh yes $BONK

Oh sh*t

That the power of unity. Thanks to SolanaCommunity

Even Forbes is covering $BONK . Incredible.

CryptoSezgin $bonk

Hey pls put a $BONK on your bio. Maybe you can get an airdrop❤️

We like BONK

HELLO FORBES

We’re all $BONKERS on Solana 🫡

Bonk

Omg generational wealth

Bonkers

Just another shitcoin pump and dump. Not news

ya damn right… $BONK

🫡 $bonk

BONK

$Bonk

Scam coin pump and dumb scheme lures idiots and Forbes Magazine engages to help scammers promote the Ponzi. Way to go guys, really professional.

fuck it, we $BONK

Booooonk

DrSolanaNFT No no. It’s 200000%. Not 2500%

Yea that “Viral Solana-Based Memecoin” is $BONK 🫡🚀

Bonk bonk

DrSolanaNFT Free

That meme graphic content isn't $bonk's, take note.

$bonk

DrSolanaNFT Bonk?

bonk

_Nanalann What viral solana. Write $BONK

🤣🤣🤣LFG

DrSolanaNFT SAY THE NAME $BONK

Bonk Bonk Bonk

Wrong

sheeeeesh $Bonk

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