BONK Surges Alone Amid Bearish Market... Jumps 4% Compared to Previous Day

Uk Jin

Summary

Meme coin BONK rose 3.84% compared to the previous day despite weakness in major cryptocurrencies like Bitcoin (BTC).
Other meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) all showed a bearish trend.
The rise of LetsBonk.fun and the decline in market share of Pump.fun have strengthened investor sentiment in BONK, resulting in a 96% surge over the past 30 days.

Meme coin BONK is experiencing an upswing during trading. Despite the weakness among major cryptocurrencies such as Bitcoin (BTC) today, it continues to maintain its upward momentum.

As of 2:06 PM on the 15th (KST), BONK is trading at $0.00002888, up 3.84% compared to the previous day, according to CoinMarketCap.

Looking at the meme coin category, all other meme coins besides BONK are in a slump. For example, Dogecoin (DOGE) and Shiba Inu (SHIB) dropped by 7.94% and 6.92% compared to the previous day, respectively. Pepe (PEPE) and Official Trump (TRUMP) also could not avoid weakness.

Thanks to the strong performance of meme coin launchpad LetsBonk.fun, BONK has maintained a steady uptrend over the past 30 days, rising 96% compared to the previous month. As LetsBonk.fun has significantly taken market share from Pump.fun—the previous top meme coin launchpad—investor sentiment towards BONK has also strengthened.

BONK