As Bonk Price Surges with 500 Million Trading Volume This Dog Coin Reaches 535 Million Market Cap

Bonk Price Soars to $500 Million in Volume, While This Dog Coin Surpasses $5.35 Million


By Jimmy Aki
Last updated:
July 3, 2024, 20:04 EDT
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2 min read


The Solana-based meme token BONK has joined the rest of the crypto market in the ongoing downturn in values.
According to CoinMarketCap, BONK has dropped by 13.41% in the last 24 hours, signaling a significant reversal from its previous upward trend.
Despite this recent decline, $BONK has demonstrated impressive trading volume, reaching $500 million in the past day.
Even with its recent price drop, the token’s high trading volume indicates sustained interest and activity, proving its enduring popularity as one of the top meme coins to invest in today.


BONK price chart for July 3
Source: TradingView /
BONKUSD
Amidst this setback, BONK remains a top-rated token in the Solana ecosystem.
The token’s performance continues to be impacted by developments within the Solana ecosystem, including the recent announcement of VanEck filing for a Solana ETF.
Nevertheless, investor sentiment towards BONK seems to be mixed in light of these recent developments.
While some investors see the current dip as a buying opportunity, others appear cautious due to the price instability.
New Meme Token Offers Larger Profits
While BONK may be one of the most discussed meme coins in the market, it won’t be the only token to experience significant returns in the coming weeks.
There are other promising new tokens that have garnered attention from investors as they prepare to go public. One of these coins is the PlayDoge (PLAY) project, which has raised over $5.35 million in its sale thus far.


PlayDoge is a new P2E gaming platform where players can breed and trade virtual pets, taking advantage of the growing Web3 trend.
With P2E games expected to generate $8.8 billion in revenue by 2028, PlayDoge offers exciting potential beyond its status as a meme coin.
Inspired by the classic Tamagotchi, PlayDoge encourages users to care for their virtual pets. Feeding, training, and interacting with these digital companions earns users $PLAY tokens.
This focus on utility incentivizes users to acquire and hold $PLAY, especially during the presale. Active players can earn $PLAY tokens, while holders can benefit from staking rewards.
Participating in the presale offers a lower entry point than waiting for a potential price increase upon exchange listing.
With over $5.35 million raised so far, the PlayDoge presale is still open for interested individuals.
The current price of PLAY is $0.0051 per token, but this price will continue to increase incrementally until the presale concludes. Visit the official PlayDoge website to learn more and participate.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.