Meme Coin BONK Skyrockets Over 1,000% as SHIB Activity Slows, Vying to Become Top Doge
• Meme coin BONK is up over 1,000% in the past year, recently trading more heavily than SHIB and DOGE
• BONK could benefit from a dropoff in SHIB whale activity and transactions
• Like SHIB and DOGE, BONK is a dog-themed meme coin launched on Solana, not Ethereum
• BONK saw a huge 33x price surge between November and December 2022
• BONK is expanding its DeFi presence while SHIB whales seem to be hunkering down ahead of its pivot to a Web3 community