Bonk (BONK), the popular Solana-based meme coin, is defying the market trend with a notable price surge.
Despite prevailing bearish sentiment, BONK has gained significant attention from the crypto community, resulting in a 4% increase in price.
Additionally, its open interest has skyrocketed by 16% in the last 24 hours, signaling a potential for a massive rally.
Investors are keenly watching BONK as it outperforms major cryptocurrencies in the current market landscape.