Can Bonk Mirror Shiba Inu’s Explosive Growth From Last Cycle?
Posted On January 30, 2025
Solana’s (CRYPTO: SOL) leading meme coin, Bonk (CRYPTO: BONK), has seen a price dip, but traders continue to emphasize its strong fundamentals and potential for a major rally.
What Happened: Crypto trader Unipcs argued on Thursday on X that there’s no reason to be bearish on BONK at current levels, citing multiple bullish catalysts.
As the leading meme coin of Solana, the dominant blockchain of this cycle, BONK mirrors Shiba Inu’s (CRYPTO: SHIB) role in Ethereum’s (CRYPTO: ETH) last cycle—SHIB peaked at a $43 billion valuation, while BONK currently sits at just …
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