{"id":590766,"date":"2024-02-29T20:00:39","date_gmt":"2024-02-29T20:00:39","guid":{"rendered":"https:\/\/wncen.com\/?p=590766"},"modified":"2024-02-29T15:30:02","modified_gmt":"2024-02-29T15:30:02","slug":"solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/","title":{"rendered":"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally"},"content":{"rendered":"

Solana (SOL) has reached a new 22-month high, demonstrating a remarkable 28% <\/span>uptrend <\/span><\/a>over the past month. However, the Solana-based meme coin, Bonk Inu (BONK), has captured investors’ attention with its explosive performance last month.\u00a0<\/span><\/p>\n

Bonk Inu Outperforms PEPE<\/span><\/h2>\n

According to CoinGecko <\/span>data<\/span><\/a>, BONK has achieved a staggering 102% price uptrend in the last 7 days and an impressive 103% increase in the past month, reaching a trading price of $0.00002510 and attaining a 3-month high.\u00a0<\/span><\/p>\n

In addition, the meme coin has experienced significant growth in market capitalization, reaching $1.6 billion and surpassing renowned tokens such as <\/span>Pepe Coin<\/span><\/a> (PEPE) to secure the 66th position among all <\/span>cryptocurrencies<\/span><\/a>, highlighting the growing interest in BONK as the cryptocurrency market experiences a resurgence of bullish sentiment fueled by Bitcoin\u2019s (BTC) price uptrend.<\/span><\/p>\n

Related Reading: Ethereum Bulls Get Aggressive As Traders Set Sights on $4,000 Amid Market Frenzy<\/a><\/div>\n
\"BONK\"
BONK’s market cap increase. Source: CoinGecko<\/a><\/figcaption><\/figure>\n

Accumulating <\/span>data <\/span><\/a>from blockchain company Lookonchain shows the growing interest in Bonk Inu. In addition to the 50% increase in a single day, one wallet reportedly accumulated 98 billion BONK ($1.54 million) from the centralized crypto exchange (CEX) Binance just before the price increase.\u00a0<\/span><\/p>\n

According to Lookonchain, the SmartMoney wallet currently holds 319.44 billion BONK tokens worth approximately $7 million, enjoying a profit of $2.9 million, which could have further contributed to the price surge in the past 24 hours.\u00a0<\/span><\/p>\n

As of the latest update, the trading volume of Bonk Inu stands at $794,842,219 in the last 24 hours, demonstrating a substantial 74.30% increase compared to the previous day. This surge in<\/span> trading volume<\/span><\/a> indicates a recent rise in market activity surrounding the meme coin, reflecting growing investor participation and attention.<\/span><\/p>\n

Potential Pullback Ahead?\u00a0<\/span><\/h2>\n

As the token enjoys one of its best trading months since its launch, crypto analyst Altcoin Sherpa <\/span>expressed <\/span><\/a>positive sentiment towards Bonk Inu, highlighting its potential for further growth.\u00a0<\/span><\/p>\n

Altcoin Sherpa stated that Bonk Inu looks promising due to its relative underperformance compared to other meme coins, coupled with a notable uptrend pattern. The analyst wouldn’t be surprised to see Bonk Inu target previous highs and make further gains, although he suggested that a potential pullback may occur.<\/span><\/p>\n

Related Reading: Bitcoin MVRV Hits Levels That Led To Parabolic Bull Run In 2020<\/a><\/div>\n

As the analyst suggests, the $0.00001940 price level may serve as a crucial support level for the BONK token in the event of a potential pullback or price correction. This level is significant as it would help maintain the current uptrend pattern observed on its daily chart.\u00a0<\/span><\/p>\n

\"BONK\"
The daily chart shows BONK’s price uptrend. Source: BONKUSD on TradingView.com<\/a><\/figcaption><\/figure>\n

However, suppose this support level fails to hold. In that case, it’s possible that BONK could see a further price decline towards the $0.00001500 level, which acts as the ultimate support before a potential drop to the $0.00001350 mark, key for the token’s prospects as it represents the last line of defense to prevent a fully formed <\/span>downtrend <\/span><\/a>in the cryptocurrency’s performance.<\/span><\/p>\n

On the other hand, when analyzing the BONK\/USD 1-W chart, it is important to note that there are no prominent resistance levels. The chart above shows thin lines known as “wicks” above the candlesticks of the token since its launch on December 15th.\u00a0<\/span><\/p>\n

This suggests that no significant obstacles prevent the token from reaching its all-time high of $0.0005487. The ability to maintain its current uptrend or potentially experience renewed bullish sentiment after a pullback will determine whether BONK can surpass this previous high.<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Solana (SOL) has reached a new 22-month high, demonstrating a remarkable 28% uptrend over the past month. However, the Solana-based meme coin, Bonk Inu (BONK), has captured investors’ attention with its explosive performance last month.\u00a0 Bonk Inu Outperforms PEPE According to CoinGecko data, BONK has achieved a staggering 102% price uptrend in the last 7 days and an impressive 103% increase in the past month, reaching a trading price of $0.00002510 and attaining a 3-month high.\u00a0 In addition, the meme coin has experienced significant growth in market capitalization, reaching $1.6 billion and surpassing renowned tokens such as Pepe Coin (PEPE) to secure the 66th position among all cryptocurrencies, highlighting the growing interest in BONK as the cryptocurrency market experiences a resurgence of bullish sentiment fueled by Bitcoin\u2019s (BTC) price uptrend. Related Reading: Ethereum Bulls Get Aggressive As Traders Set Sights on $4,000 Amid Market Frenzy Accumulating data from blockchain company Lookonchain shows the growing interest in Bonk Inu. In addition to the 50% increase in a single day, one wallet reportedly accumulated 98 billion BONK ($1.54 million) from the centralized crypto exchange (CEX) Binance just before the price increase.\u00a0 According to Lookonchain, the SmartMoney wallet currently holds 319.44 billion BONK tokens worth approximately $7 million, enjoying a profit of $2.9 million, which could have further contributed to the price surge in the past 24 hours.\u00a0 As of the latest update, the trading volume of Bonk Inu stands at $794,842,219 in the last 24 hours, demonstrating a substantial 74.30% increase compared to the previous day. This surge in trading volume indicates a recent rise in market activity surrounding the meme coin, reflecting growing investor participation and attention. Potential Pullback Ahead?\u00a0 As the token enjoys one of its best trading months since its launch, crypto analyst Altcoin Sherpa expressed positive sentiment towards Bonk Inu, highlighting its potential for further growth.\u00a0 Altcoin Sherpa stated that Bonk Inu looks promising due to its relative underperformance compared to other meme coins, coupled with a notable uptrend pattern. The analyst wouldn’t be surprised to see Bonk Inu target previous highs and make further gains, although he suggested that a potential pullback may occur. Related Reading: Bitcoin MVRV Hits Levels That Led To Parabolic Bull Run In 2020 As the analyst suggests, the $0.00001940 price level may serve as a crucial support level for the BONK token in the event of a potential pullback or price correction. This level is significant as it would help maintain the current uptrend pattern observed on its daily chart.\u00a0 However, suppose this support level fails to hold. In that case, it’s possible that BONK could see a further price decline towards the $0.00001500 level, which acts as the ultimate support before a potential drop to the $0.00001350 mark, key for the token’s prospects as it represents the last line of defense to prevent a fully formed downtrend in the cryptocurrency’s performance. On the other hand, when analyzing the BONK\/USD 1-W chart, it is important to note that there are no prominent resistance levels. The chart above shows thin lines known as “wicks” above the candlesticks of the token since its launch on December 15th.\u00a0 This suggests that no significant obstacles prevent the token from reaching its all-time high of $0.0005487. The ability to maintain its current uptrend or potentially experience renewed bullish sentiment after a pullback will determine whether BONK can surpass this previous high. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":590767,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[87477,87478,90819,87479,90833,87480,87481,90771,6664,1558,89406,86420,83626,86515,84595,87683,88093,90820,90998],"class_list":["post-590766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-bonk","tag-bonk-inu","tag-bonk-news","tag-bonk-price","tag-bonk-rally","tag-bonk-solana","tag-bonkusd","tag-bonkusdt","tag-crypto","tag-cryptocurrency","tag-sol-news","tag-sol-price","tag-solana","tag-solana-sol","tag-solana-blockchain","tag-solana-ecosystem","tag-solana-labs","tag-solana-meme-coin","tag-solana-meme-coins"],"acf":[],"yoast_head":"\nSolana's Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally<\/title>\n<meta name=\"description\" content=\"The Solana-based meme coin, Bonk Inu (BONK), has captured investors' attention with its explosive performance in the last month.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana's Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally\" \/>\n<meta property=\"og:description\" content=\"The Solana-based meme coin, Bonk Inu (BONK), has captured investors' attention with its explosive performance in the last month.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-29T20:00:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-29T15:30:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"393\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally\",\"datePublished\":\"2024-02-29T20:00:39+00:00\",\"dateModified\":\"2024-02-29T15:30:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\"},\"wordCount\":601,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260\",\"keywords\":[\"BONK\",\"BONK INU\",\"BONK news\",\"BONK price\",\"BONK Rally\",\"BONK Solana\",\"BONKUSD\",\"BONKUSDT\",\"crypto\",\"cryptocurrency\",\"SOL news\",\"SOL Price\",\"Solana\",\"Solana ( SOL)\",\"Solana blockchain\",\"Solana Ecosystem\",\"solana labs\",\"Solana meme coin\",\"Solana Meme coins\"],\"articleSection\":[\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\",\"url\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\",\"name\":\"Solana's Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260\",\"datePublished\":\"2024-02-29T20:00:39+00:00\",\"dateModified\":\"2024-02-29T15:30:02+00:00\",\"description\":\"The Solana-based meme coin, Bonk Inu (BONK), has captured investors' attention with its explosive performance in the last month.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260\",\"width\":393,\"height\":260,\"caption\":\"BONK\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Solana's Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally","description":"The Solana-based meme coin, Bonk Inu (BONK), has captured investors' attention with its explosive performance in the last month.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/","og_locale":"en_US","og_type":"article","og_title":"Solana's Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally","og_description":"The Solana-based meme coin, Bonk Inu (BONK), has captured investors' attention with its explosive performance in the last month.\u00a0","og_url":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-29T20:00:39+00:00","article_modified_time":"2024-02-29T15:30:02+00:00","og_image":[{"width":393,"height":260,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally","datePublished":"2024-02-29T20:00:39+00:00","dateModified":"2024-02-29T15:30:02+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/"},"wordCount":601,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260","keywords":["BONK","BONK INU","BONK news","BONK price","BONK Rally","BONK Solana","BONKUSD","BONKUSDT","crypto","cryptocurrency","SOL news","SOL Price","Solana","Solana ( SOL)","Solana blockchain","Solana Ecosystem","solana labs","Solana meme coin","Solana Meme coins"],"articleSection":["Solana"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/","url":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/","name":"Solana's Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260","datePublished":"2024-02-29T20:00:39+00:00","dateModified":"2024-02-29T15:30:02+00:00","description":"The Solana-based meme coin, Bonk Inu (BONK), has captured investors' attention with its explosive performance in the last month.\u00a0","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260","width":393,"height":260,"caption":"BONK"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally","url":"http:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/solana\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260"},"articleSection":"Solana","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bonk","bonk inu","bonk news","bonk price","bonk rally","bonk solana","bonkusd","bonkusdt","crypto","cryptocurrency","sol news","sol price","solana","solana ( sol)","solana blockchain","solana ecosystem","solana labs","solana meme coin","solana meme coins"],"dateCreated":"2024-02-29T20:00:39Z","datePublished":"2024-02-29T20:00:39Z","dateModified":"2024-02-29T20:00:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana’s Memecoin BONK Reaches $1.6 Billion Market Cap, Witnesses Explosive 100% Price Rally\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solanas-memecoin-bonk-reaches-1-6-billion-market-cap-witnesses-explosive-100-price-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/shutterstock_download-4-5.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/shutterstock_download-4-5.jpg?fit=393%2C260\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bonk\",\"bonk inu\",\"bonk news\",\"bonk price\",\"bonk rally\",\"bonk solana\",\"bonkusd\",\"bonkusdt\",\"crypto\",\"cryptocurrency\",\"sol news\",\"sol price\",\"solana\",\"solana ( sol)\",\"solana blockchain\",\"solana ecosystem\",\"solana labs\",\"solana meme coin\",\"solana meme coins\"],\"dateCreated\":\"2024-02-29T20:00:39Z\",\"datePublished\":\"2024-02-29T20:00:39Z\",\"dateModified\":\"2024-02-29T20:00:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-4-5.jpg?fit=393%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/590766"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=590766"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/590766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/590767"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=590766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=590766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=590766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}