Solana-Based Bonk, Dogwifhat Outshine Dogecoin And Shiba Inu Amid Broader Market Retrace — What You Should Know
Posted On October 1, 2024
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains.
What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
The token’s trading volume soared 92% to $486 million, indicating heightened demand.
Dogwifhat, the largest memecoin on Solana by market capitalization, jumped 4.6% to extend its weekly gains past 40%. In fact, both BONK and WIF were up more …
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