The crypto markets are on a tear this week, with double-digit gains seen across many top cryptocurrencies. Overall, the crypto market cap surged by over 8% over the last 7 days.
Leading the pack are a crop of cryptocurrencies that posted outsized returns, including several that more than doubled in value.
Fueled by a mixture of hype around innovative new projects, momentum from Bitcoin rallying, and a broader return of appetite for riskier crypto assets, this week saw vibrant signs of life across portions of the crypto ecosystem. Both new cryptocurrencies just making their debut and established platforms saw coin prices balloon.
BONK (205.91%)
BONK saw immense price gains this week, skyrocketing up over 200% in value. It rallied from $0.0000396 up to as high as $0.0001219.
BONK is a dog-themed meme coin built on the Solana blockchain that launched on Christmas 2022. It airdropped 50% of its supply to Solana NFT holders…
