Holders of the popular Solana meme coin Bonk ($BONK) are now eyeing a new meme coin Initial Coin Offering (ICO) after experiencing notable depreciation recently. Bonk recorded a 2% rise overnight, reaching $0.00001702.
This increase closely matched the intraday performance of Bitcoin ($BTC), which rose 2.2% overnight. The shift in focus signals Bonk holders' interest in new opportunities.
The assessment of both coins indicates a high correlation in their overnight performances, highlighting meme coin volatility.
Source: cryptonews.com ↗