$BONK, a renowned meme coin, has recently made a remarkable progress on Solana. As per Solana, $BONK has outcompeted $TRUMP to become the platform’s top memecoin in terms of market capitalization. Solana took to its official social media account to reveal this groundbreaking triumph of $BONK.
$BONK Becomes Solana’s Top Memecoin after Outcompeting $TRUMP
Solana discloses that $BONK’s surge to the peak position after outperforming $TRUMP is a notable development. This has reportedly taken place after a massive surge in consumer activity on the platform LetsBonk.fun. Following this shift, the $BONK has now occupied the top spot on Solana. In this respect, it has successfully overtaken Pump.fun when it comes to 24-hour bonded coins.
Apart from that, $BONK has also witnessed a considerable spike in the overall transfer volume and community participation. These developments have assisted in narrowing down and finally eliminating the gap between the $BONK and $TRUMP’s 24-hour volume. With this, $BONK has steadily developed momentum because of diverse integrations across the ecosystem of Solana and the broader community engagement.
$VET and $TRUMP Follow $BONK with $1.76B and $1.70B in Market Caps
According to Solana, $BONK has effectively flipped $TRUMP and taken the top Solana memecoin in the case of market cap. Now, as $BONK dominates the other tokens on the Solana network, its market capitalization has touched the $1.76B mark. Following that, the 2nd position is taken by $VET, which has attained $1.76B in market cap. After that, $TRUMP stands in the 3rd spot, touching $1.70B.
