Bonk (CRYPTO: BONK) has rallied 42% in the past week, prompting traders to point out its relative strength over other meme coins.
What Happened: The meme coin has secured its position as the top Solana-based meme coin and the fourth largest meme coin overall.
With a market cap of $4 billion and a 24-hour trading volume of $3.6 billion, Bonk has surpassed Dogwifhat’s (CRYPTO: WIF) $3.2 billion valuation and $1 billion trading volume.
As of Nov.19, BONKBot has burned over 500 billion BONK tokens, valued at $26 million.
The platform allocates 100% of its fees to …
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