Bonk Crypto Nearing Its Annual Highs Echoing the ethos of memecoins like Shiba Inu and Dogecoin, BONK was launched in December, 2022. It is a dog themed coin on Solana. The core mission of its creators is to revitalize liquidity within the ecosystem of Solana's decentralized trading platforms.
A significant portion, amounting to 50 trillion BONK coins, has been allocated to those actively involved in sustaining and enhancing the Solana ecosystem.
Bonk has emerged as another cryptocurrency capturing investor interest. A market downturn a few months back had diminished its value, but a recent surge of over 53% in a week reflects a restored faith from investors.
Bonk is on the way to reclaim its annual and All time high of $0.000047. At the time of writing, the crypto was up over 15% in Intraday and lies merely 17% below its record high. The aggressive bullish trend suggests that Bonk may continue to climb, potentially surpassing its previous record high.
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