Meme coins are making a comeback in the crypto world, with Solana’s very own dog-themed BONK token leading the puppy pack. BONK recently hit a new all-time high price of $0.00000811 after gaining over 750% in the last 30 days alone.
Keypoints
- Solana’s native token SOL has surged in price recently, sparking renewed interest in the ecosystem
- Meme coin BONK, which runs on the Solana blockchain, hit a new all-time high price of $0.00000669
- BONK is up over 750% in the last 30 days amid the Solana hype
- Despite the gains, BONK still has a relatively small market cap of $397 million
- Other dog-themed meme coins like DOGE and SHIB have also seen a bounce thanks to the meme coin mania
The meme coin mania shows no signs of slowing down. But what’s behind this latest surge in speculation around joke tokens like BONK? In a word: Solana.
Solana’s native token, SOL, has exploded in value over the past month thanks to a…