Posted 12/16/2023, 10:01:02 AM
Bonk Coin Soars 441% in Two Weeks While Bitcoin and Other Meme Coins Falter
- Meme coin Bonk (BONK) continues to surge, up 67% this week and 441% over the past two weeks due to hype around Solana
- Solana (SOL) also rallied over the past month due to speculation around the Sam Bankman-Fried trial, rising over 20% since early December
- Coinbase announced it will list Bonk token this week, further fueling its rise
- Other major meme coins like Dogecoin and Shiba Inu saw drops this past week of 8% and 4% respectively
- Bitcoin dipped nearly 4% over the past week, losing steam after initial excitement around a possible Bitcoin ETF approval