Binance crisis bypassed BONK: It even left Solana behind - Coinleaks
Current Date:September 18, 2024

Binance crisis bypassed BONK: It even left Solana behind

BONK, the dog-themed memecoin of the Solana ecosystem, rose from the low level of $ 0.00000347 to the highest level of $ 0.0000051 during the day.

According to CoinMarketCap data, BONK increased by 16 percent in the last 24 hours to $ 0.000004748.

The effect of the Binance earthquake continues on the crypto market. However, in all this chaos, the rise of BONK was noted as a positive development.

Although the exact reason for BONK’s rise is unknown, various possibilities have been considered. It was thought that investors who were unimpressed by the latest developments might be reacting to BONK’s recent listing on Binance Futures.

According to a report published by CoinGecko, Bonk (BONK) continues to be the cryptocurrency with the biggest gain among Solana ecosystem coins, rising by 872.5 percent from $0.00000029 to $0.00000286.

BONK also surpassed Solana in monthly gains, rising from $0.00000018 to $0.00000286 between October 14 and November 19, a 1,514 percent or 15-fold increase, according to CoinGecko.

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