BONK Trading Volume Surpasses Dogecoin and Shiba Inu - A New Contender in the Crypto Market

Lisette Lémieux
18 Dec 2023
BONK, the newest Solana-based meme coin, surpasses DOGE and SHIB in trading volume with $1.37 billion, solidifying its position in the meme coin market.

BONK, the Solana-based meme coin, has surpassed both Dogecoin (DOGE) and Shiba Inu (SHIB) in trading volume, with a massive $1.37 billion in volume compared to DOGE's $933 million and SHIB's $225.8 million.

This achievement solidifies BONK as a serious player in the meme coin market, despite its increased volatility. However, questions about its sustainability remain.

BONK's recent listing on Binance and led to a massive 100% rally for the asset, with the market cap briefly touching $3 billion.

While many traders are still shorting, it will be interesting to see how this momentum affects BONK's performance in the coming months.

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