BONK Price Attains A New ATH, Outperforming Shiba Inu and Dogecoin
Latest News News

BONK Price Attains A New ATH, Outperforming Shiba Inu and Dogecoin

  • BONK, a memecoin linked to Solana (SOL), hit an all-time high on December 7, marking a 13% increase in its value in a day.
  • BONK’s rise coincides with the positive performance of the broader crypto market.
  • BONK’s significant price growth is part of a wider bullish trend in the memecoin sector, including assets like Shiba Inu and Dogecoin.

The cryptocurrency market has been booming lately, with some digital assets reaching all-time high (ATH) prices. One such example is the memecoin Bonk Inu (BONK).

The token reached its fresh peak today (December 7) after its price surged approximately 13% on a daily basis (per Coinstats’ data). BONK trades at $0.0000105 at press time.

BONK Price Chart | Source: Coinstats


BONK’s uptrend started at the beginning of November when the entire crypto market was flashing green and might have been partially fueled by its connection to Solana (SOL). 

The memecoin is described as the first Solana-dog cryptocurrency “for the people, by the people.”

Recall that SOL was one of the best-performing crypto assets last month, surging to almost $70 approximately three weeks ago.

See Also: BitTorrent Token (BTT) Price Doubles Amid Tron Blockchain Optimism

Another factor that could have contributed to BONK’s 1,000% price explosion on a monthly basis might be the overall bullish condition across the memecoin realm.

Numerous assets of that type, including Shiba Inu (SHIB), Dogecoin (DOGE), Pepe Coin (PEPE), Floki Inu (FLOKI), and many more, have been well in the green in the past several weeks.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.