The Solana-based memecoin, Bonk (BONK) has now flipped third largest memecoin Pepe (PEPE) while gaining more than 370% during the past month.
With the current market cap of $688 million, Bonk has now become the third largest memecoin after Dogecoin (DOGE) and Shiba Inu (SHIB). Pepe’s market cap has gained roughly 12% during the month while Bonk’s market cap has increased more than 370%.
Bonk is also one of the best performing assets over the past 7 days with it recording a gain of over 73%, according to data from Coinmarketcap. At the time of writing, Bonk’s market cap is situated nearly $380 million. It is also now a blue-chip memecoin into the Solana ecosystem.
Also Read: Pudgy Penguins Set Sights on Gaming Industry with Virtual World