Bonk Surges 58% In 7 Days: Why Is It Outperforming Dogecoin, Shiba Inu?

About Bonk Surges 58% In 7 Days: Why Is It Outperforming Dogecoin, Shiba Inu?

Over the past week, Bonk has surged by 58%, outperforming popular cryptocurrencies like Dogecoin and Shiba Inu. This rally is driven by its expanding ecosystem, increased community engagement, and rising market influence. Notably, the BONK Launchpad holds a 40% share, and BONK ranks third in crypto mindshare behind Bitcoin and Solana. The token's use of fees for buy and burn mechanisms signals bullish sentiment. With a valuation of two billion dollars, many analysts see significant upside potential as Bonk continues to gain momentum.