This Solana Meme Coin Is Outperforming Dogecoin, Shiba Inu, And PEPE Combined
Summary
Meme coin BONK, based on the Solana network, has outperformed major competitors like Dogecoin, Shiba Inu, and PEPE, with a rise of 1,700% from its cycle lows according to CoinGecko data. After a bearish run for most of the year, BONK rebounded in October when the crypto market started recovering, increasing in price from $0.00000019 at the end of October to an all-time high of $0.00000539 by November 20th. BONK's trading volume also soared, from less than $2 million in mid-October to more than $100 million by November 21. Meanwhile, other meme coins like Dogecoin, Shiba Inu, PEPE and FLOKI did not perform as well in the same period.
