BONK Leads Solana Meme Coin Surge While Bitcoin Resurgence Lifts Dogecoin, Shiba Inu
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Most major meme coins like Dogecoin and Shiba Inu have cooled their rallies recently, though Solana-based BONK continues to surge.
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BONK hit an all-time high today and is up over 162% in the past week as interest in Solana coins increases.
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Solana coins are popular due to Solana's cheaper and faster network compared to Ethereum.
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As Bitcoin has surged, meme coins have also resurged as investors seek quick gains on risky, low market cap assets.
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Despite recent drops, Dogecoin, Shiba Inu, and Pepe are still up significantly over the past 7 days, signaling renewed bullishness.