Solana (SOL)-based dog-themed meme asset Bonk (BONK) has surpassed rival Shiba Inu (SHIB) in daily trading volume, with its price surging more than 40% in just 24 hours.
According to new data from cryptocurrency data aggregator CoinMarketCap, daily trading volume for its Dogecoin (DOGE) rival has increased by a whopping 71.8%, reaching a total volume of approximately $311 million.
In comparison, Shiba Inu’s 24-hour trading volume increased 29.6%, reaching a total of $232. million. Additionally, according to information, BONK’s market capitalization surged 58.7%, ranking 68th in digital assets.
Recently, Coinbase, the leading U.S. cryptocurrency exchange platform, announced that it would be adding hot meme coins to its altcoin listing roadmap. This is to inform traders that Coinbase may soon begin supporting certain digital assets.
Coinbase has created a listing roadmap for 2022 as a means to increase transparency and reduce the risk of investors rushing to announce new deals.
Moreover, Bonk recently presentation Launch of BONKBot, a program that allows users to trade cryptocurrency assets through social media and chat platform Telegram.
“On the third day of BONKmas, my real dog gave me a BONKbot! Trade easily using BONKbot on Telegram. This BONKmas, discover how BONKbot simplifies trading and managing your positions.”
Recently, cryptocurrency analyst Ali Martinez warned about BONK, saying a month-long correction could be underway for the meme asset.
According to the strategist, the major indicators reversed and signaled a sell.
BONK is trading at $0.000015 at the time of this writing. This has increased 49% in the last 24 hours and more than 400% since the last 30 days.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us TwitterFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Featured Image: Shutterstock/Design Projects/Andy Chipus/karnoff/MrArtHit/SensVector