The recent performance of meme coins indicates a dynamic and competitive landscape. Bonk, positioned as the fifth largest meme coin by market cap, has demonstrated remarkable growth. In the past week, Bonk's price surged by 97.8%. This makes it the leading performer compared to its popular counterparts such as Dogecoin, Shiba Inu, and Pepe.
Dogecoin, one of the most recognized meme coins, registered a 7-day increase of 26.5%. In contrast, Shiba Inu saw a decline of 2.5% in its price over the same period. Pepe recorded a substantial increase as well, with a 66.9% growth.
The overall growth of the meme coin market over the past 24 hours marked an increase of 3.1%. This indicates a general upward trend in investor interest within this peculiar segment of the cryptocurrency market. Bonk's recent achievements highlight its potential among meme-based cryptocurrencies as it challenges more established coins like DOGE and SHIB.
