BONK, one of the tokens in the Shiba Inu (SHIB) ecosystem, surpassed the 25 percent increase, making a nice rise in the name of memecoins.
After Twitter added the Dogecoin (DOGE) logo to its interface, the memecoin frenzy blazed even more under the leadership of tokens in the SHIB ecosystem. BONK, one of the members of the SHIB family, overcame many resistances in a short period of time and showed an increase of close to 26 percent. Especially the SHIB ecosystem draws attention in the trend of memecoins, which is influenced by Twitter. BONK, which is seen as a potential competitor to DOGE and SHIB, continues this competition well in the current period. Can the rises on the BONK side continue?
New Competitor to SHIB and DOGE: BONK
Periodically trending memecoins have come to the fore again after the massive increase of DOGE in the past few days. These coins, which DOGE laid the groundwork for, were later triggered by SHIB’s burning news. SHIB, which regularly carries out incineration, increased the amount of incineration after this incident.
Upward pricing has been seen in many tokens after the DOGE headwind turned to the SHIB ecosystem. The most striking of these tokens was BONK, which increased by 25.40 percent. Shining on social media, BONK seems to be a potential favorite of memecoin lovers.
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