Bitcoin
Bitcoin (BTC)
$60,805.00 6.16784
Bitcoin price
Ethereum
Ethereum (ETH)
$3,292.04 1.27483
Ethereum price
BNB
BNB (BNB)
$408.05 3.17248
BNB price
Solana
Solana (SOL)
$111.87 3.56714
Solana price
XRP
XRP (XRP)
$0.5643190 -5.03633
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 2.01472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 12.52821
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058170 3.68453
El Hippo price
Bonk
Bonk (BONK)
$0.0000149 -2.13867
Bonk price
Bitcoin
Bitcoin (BTC)
$60,805.00 6.16784
Bitcoin price
Ethereum
Ethereum (ETH)
$3,292.04 1.27483
Ethereum price
BNB
BNB (BNB)
$408.05 3.17248
BNB price
Solana
Solana (SOL)
$111.87 3.56714
Solana price
XRP
XRP (XRP)
$0.5643190 -5.03633
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 2.01472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 12.52821
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058170 3.68453
El Hippo price
Bonk
Bonk (BONK)
$0.0000149 -2.13867
Bonk price
Bitcoin
Bitcoin (BTC)
$60,805.00 6.16784
Bitcoin price
Ethereum
Ethereum (ETH)
$3,292.04 1.27483
Ethereum price
BNB
BNB (BNB)
$408.05 3.17248
BNB price
Solana
Solana (SOL)
$111.87 3.56714
Solana price
XRP
XRP (XRP)
$0.5643190 -5.03633
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 2.01472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 12.52821
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058170 3.68453
El Hippo price
Bonk
Bonk (BONK)
$0.0000149 -2.13867
Bonk price
Bitcoin
Bitcoin (BTC)
$60,805.00 6.16784
Bitcoin price
Ethereum
Ethereum (ETH)
$3,292.04 1.27483
Ethereum price
BNB
BNB (BNB)
$408.05 3.17248
BNB price
Solana
Solana (SOL)
$111.87 3.56714
Solana price
XRP
XRP (XRP)
$0.5643190 -5.03633
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 2.01472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 12.52821
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058170 3.68453
El Hippo price
Bonk
Bonk (BONK)
$0.0000149 -2.13867
Bonk price

Solana’s BONK gains 30%, flips PEPE as third-largest meme coin

solanas-bonk-gains-30-flips-pepe-as-third-largest-meme-coin
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Markets
Solana’s BONK gains 30%, flips PEPE as third-largest meme coin

Bonk ranked number three among meme coins on Dec. 8, behind only Dogecoin in first place and Shiba Inu in second. 

Bonk, a canine-themed crypto on Solana, flipped fellow meme coin Pepe (PEPE) after rallying over 25 percent within 24 hours.

The price gain pushed BONK to a $770 million market cap, climbing over Pepe-The-Frog-inspired PEPE with its $630 million market cap.

Only the decade-old Dogecoin (DOGE) and Shiba Inu (SHIB) boast higher valuations than BONK. At press time, the tokens had a market cap of over $13.9 billion and $5.9 billion, respectively.

Solana's BONK gains 30%, flips PEPE as third-largest meme coin - 1
Top 5 meme coins by market cap | Source: Coingecko

Meme coins have been a constant in crypto throughout its history, typically increasing in price amid broader market upticks. Such virtual currencies, usually associated with an animal, were also handed a boon in 2023 as attention surrounding spot Bitcoin ETFs seemingly spurred an influx of cash injections into digital assets.

Solana’s blockchain also experienced a massive $1 billion trading volume over 24 hours. The network saw more on-chain trading activity than Arbitrum, Binance Smart Chain, Polygon, Avalanche, and Thorchain. 

Ethereum was the single network with more trading volume than Solana, per DefiLlama. Crypto’s largest altcoin blockchain recorded $1.4 billion within the same timeframe.

Solana's BONK gains 30%, flips PEPE as third-largest meme coin - 2
Top 5 blockchains by 24-hour trading volume | Source: DefiLlama
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