The meme cryptocurrency Bonk (BONK), inspired by the canine theme and based on the Solana (SOL) blockchain, has reached a notable milestone. Surpassing the daily trading volume of its rival Shiba Inu (SHIB), BONK recorded an impressive jump of over 40% in just 24 hours.

This significant growth was accompanied by a notable increase in Dogecoin (DOGE) trading volume, which increased by 71.8%, totaling approximately US$311 million. In contrast, Shiba Inu saw a 29.6% increase in its trading volume, bringing its total to $232 million. Furthermore, BONK saw an increase of almost 60% in its market capitalization, positioning it as the 57th most valuable digital asset.

The news comes on the heels of a significant announcement from Coinbase, the renowned US cryptocurrency exchange platform. Coinbase has revealed plans to add BONK to its altcoin listing roadmap, a tool created in 2022 to increase transparency and minimize risk for investors regarding new digital asset announcements.

In a further development, Bonk introduced BONKBot, a technological innovation that enables cryptocurrency trading on social media and Telegram. “On the third day of BONKmas, my real dog gave me: BONKbot! Trade with ease using BONKbot on Telegram. This BONKmas, discover how BONKbot simplifies trading and managing your positions,” was the excited announcement from the BONK team.

At the time of writing, BONK is trading at $0.00002302, marking an increase of almost 80% in the last 24 hours and an astonishing growth of over 400% in the last 30 days.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.


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