Shiba Inu-Themed BONK Tokens Are Yielding Nearly 1,000% for Solana Liquidity Providers
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Jan 7
A flat market and contagion risks aren’t deterring crypto traders from finding the next major narrative to generate returns, and a meme coin is at the center of that in the Solana (SOL) ecosystem. Bonk, a Shiba Inu-themed token that was issued on Dec. 25, has returned 2,220% to traders in the past week, with a 150% rise in the past 24 hours alone. The token was airdropped to Solana NFT (non-fungible token) communities and creators, which led to quick hype and trading volumes for the token, as...
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