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Dogecoin Competitor BONK Continues Precipitous Climb, Exploding Nearly 100% in 24 Hours

Dogecoin Competitor BONK Continues Precipitous Climb, Exploding Nearly 100% in 24 Hours

Dogecoin (DOGE) competitor Bonk (BONK) is continuing its steep ascent, nearly doubling up in price over the last 24 hours. The meme asset, which was built over smart contract platform Solana (SOL), recently surpassed its rival Shiba Inu (SHIB) in daily trading volume en route to its price of $0.000028 at time of writing, an […]

The post Dogecoin Competitor BONK Continues Precipitous Climb, Exploding Nearly 100% in 24 Hours appeared first on The Daily Hodl.

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Solana phone sales skyrocket as degens scramble for pumped-up BONK

At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.”

Memecoin hopefuls have been snapping Solana’s crypto phone in droves after a recent price hike for Solana memecoin Bonk (BONK), which has risen more than 1,100% in the last 30 days. 

Since the Solana phone was launched on May 8 this year, new owners have been able to claim a free 30 million airdrop of the memecoin, but a recent rise in the token's price has presented an interesting arbitrage opportunity for buyers.

“Solana phone sales have >10x'd in the past 48 hours, and are now on track to sell out before the new year,” wrote Solana co-founder Raj Gokal in a Dec. 15 post to X (formerly Twitter).

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO