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Sinds 21 oktober beleeft BONK een onvergetelijke opmars. Sinds die dag is de koers met meer dan 9.400 procent gestegen. Deze stijging is deels te verklaren uit de hernieuwde interesse in het Solana netwerk. Solana is in dezelfde periode tevens als een raket de lucht in geschoten: namelijk met zo’n 350 procent.
Resembling other meme currencies like Dogecoin and Shiba Inu, it showed a significant positive impact on the SOL token prices (34% rise in the initial 48 hours post-launch). Trading started soon after, on December 30, 2022 – generating authentic intrigue among crypto enthusiasts.
BONK is a multi-utility token used as a medium of exchange between supporters of the Bonk ecosystem in a decentralized manner. It serves as a a secure mode of payment and settlement between participants who interact within the Bonk ecosystem. BONK also provides incentives to encourage users. The live price of BONK is available and updated in real-time on Binance.
A considerable portion of BONK (50 trillion coins) is disseminated to Solana blockchain contributors and community developers. The engaged DEX, Orca, reports a substantial trading volume of roughly $20 million resulting from just the airdrop. BONK finds numerous use-cases within the Solana-developed platforms, from facilitating NFT trades to rewarding NFT stakers.
Best crypto to buy now
But that was not the only time that Musk significantly impacted the price of the world’s largest meme coin this month. At a Pennsylvania rally in support of the Republican presidential nominee last week, the tech billionaire said he just likes Dogecoin. He added that he is not actively involved in crypto but that he likes humor and memes related to Doge. As one would expect, the price of the meme coin jumped significantly after these comments, reaching a 4-month high of about 15 cents.
You can buy cryptocurrencies through Australian-based crypto exchanges, such as CoinSpot and Swyftx or platforms such as eToro Australia. You can read our review of the Best Exchanges for Australians in 2024.
Adding security reminders: Cryptocurrency investments carry risks. We want to help our readers stay safe within decentralized ecosystems. However, BeInCrypto is not responsible for any personal financial loss or gain incurred based on our content.
Both a cryptocurrency and a blockchain platform, Ethereum is a favourite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and non-fungible tokens (NFTs). Alongside BTC, Ether is one of only two crypto assets that have spot exchange-traded funds (ETFs) on US exchanges.
After mostly stale price movement in August and September, Dogecoin awakened with a vengeance in October, recording a 50% increase in the last number of weeks. A large reason for the notable increase was none other than Tesla and Space X CEO, who made several comments that were perceived as potential bullish signals by some DOGE investors.
