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MarketWatch
What is BONK, and why is its price up 3,174% this week?
Meme coins, which are popular cryptocurrencies often inspired by internet jokes, have seen their fair share of volatility over the years. BONK, which is a Solana-based, dog-themed token, was up 3,174.2% this week as of Thursday, according to CoinGecko data, and rose 29.6% in the past 24 hours. The BONK token was airdropped to Solana (SOLUSD) nonfungible token holders, and it quickly led to hype around the token.
