Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem

Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem

Market Analysis
January 5, 2023 by secret
118
[ad_1] Bonk, a meme token modeled after Shiba Inu (SHIB) that launched on Dec. 25, is skyrocketing and some traders believe the token’s trading volume is potentially driving Solana’s (SOL) price up. Over the past 48 hours, SOL price has gained 34%, and in the past 24 hours, Bonk has climbed 117%, according to data