Contrary to the expectation of the cryptocurrency ecosystem that meme coins would lose the buzz and fascination associated with them, leading to the loss of funds, it appears that instead of fizzling out, meme coins are returning with innovative use cases. The cases in point are Bonk (BONK) and NuggetRush (NUGX). 

The BONK Impact on Solana’s Growth

Bonk (BONK), a Solana-based meme coin, was released into the ecosystem on Dec. 25, 2022, through a massive airdrop. The coin made headlines due to its rapid price increase and user base, which drew liquidity into the Solana ecosystem.

Like the typical meme coin, Bonk is a community-led project. It aims to boost the Solana space through the many utilities it offers. Believed to be released as a way to revive Solana, many consider this goal to have been achieved, judging by the partnerships the Bonk project secured with Solana-based platforms.

Boasting to be the “true community coin” of Web3, the project has over 131 integrations across nine blockchains. These partnerships improve the users’ benefits on different platforms using the coin. It is reported that days after the meme coin’s launch, 20,000 new wallets joined the Solana ecosystem.

As with all cryptocurrencies, and especially meme coins, it has been hard to predict with certainty the future of BONK. However, riding the extreme volatility its characteristic presents, BONK has grown, showing over 43% on its 14 and 30-day price charts and over 15% on its seven–day chart.

While BONK has been around since December 2022, another meme coin that is proving how impactful meme coins can be, NuggetRush (NUGX), is still in its presale but showing excellent potential.

NUGX’s Journey in the Meme Coin Space

NuggetRush (NUGX) is a game that combines fun, skill, and

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Author: BeInCrypto Team

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