Illustration by Mitchell Preffer for Decrypt

One week later, BONK still reigns supreme. 

However improbable, the dog-themed Solana meme coin has spent yet another week dominating frenzied discourse on Crypto Twitter, after showing no signs of letting up its weeks-long, monster streak. The coin is up 796% in the last month, according to CoinGecko.

After soaring to new all-time highs this week, and blowing past a market capitalization of $1 billion (since yesterday, the coin’s market cap has already almost doubled to $1.758 billion), BONK received a further injection of momentum after savvy Solana users realized that the BONK that comes with the purchase of any Solana Saga smartphone is now worth more than the phone’s asking price. 

With BONK’s enduring success now lifting numerous other projects in the Solana ecosystem,  Twitter users do

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Author: Sander Lutz

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