The hottest cryptocurrency right now is Bonk Coin (BONK), a memecoin created on the Solana blockchain that has absolutely mooned over the last month. Bonk is up over 1,000% in just the past 30 days, including a single-day gain of 35% on December 8th.
This parabolic rise has made BONK a top 100 cryptocurrency with a market capitalization exceeding $750 million.
Keypoints
- Bonk Coin (BONK) has exploded over 1,000% in the last 30 days to reach an all-time high price and become a top 100 cryptocurrency
- The overall crypto market, including major assets like Bitcoin and Ether, has seen significant gains recently
- Memecoins like Dogecoin and Shiba Inu are also experiencing major rallies, with lesser-known ones like Toshi and Myro surging too
- Solana phone owners received a BONK airdrop worth $10 initially, now worth over $1,150 due to BONK’s massive price increase
- While Solana’s price and DeFi ecosystem thrives, its Saga…