BONK price has experienced an impressive surge of over 100% this week, propelling it to a new all-time high. This rapid increase allowed BONK to outpace Dogwifhat, positioning it as Solana’s leading meme coin.
The rapid rise of BONK has spurred discussions about the onset of altcoin season, characterized by notable price increases in alternative cryptocurrencies beyond Bitcoin.
Analysts remain optimistic about BONK's potential for further gains and highlight the market's dynamic nature, rife with opportunities and risks. The emergence of new meme coins like Pepe Unchained adds to the market's intrigue.
