Bitcoin
Bitcoin (BTC)
$67,049.00 6.04055
Bitcoin price
Ethereum
Ethereum (ETH)
$3,524.61 4.08978
Ethereum price
BNB
BNB (BNB)
$593.50 5.12475
BNB price
Solana
Solana (SOL)
$170.23 9.31955
Solana price
XRP
XRP (XRP)
$0.5823930 2.66517
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 5.24705
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 10.1496
Pepe price
Bonk
Bonk (BONK)
$0.0000317 21.72818
Bonk price
Bitcoin
Bitcoin (BTC)
$67,049.00 6.04055
Bitcoin price
Ethereum
Ethereum (ETH)
$3,524.61 4.08978
Ethereum price
BNB
BNB (BNB)
$593.50 5.12475
BNB price
Solana
Solana (SOL)
$170.23 9.31955
Solana price
XRP
XRP (XRP)
$0.5823930 2.66517
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 5.24705
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 10.1496
Pepe price
Bonk
Bonk (BONK)
$0.0000317 21.72818
Bonk price
Bitcoin
Bitcoin (BTC)
$67,049.00 6.04055
Bitcoin price
Ethereum
Ethereum (ETH)
$3,524.61 4.08978
Ethereum price
BNB
BNB (BNB)
$593.50 5.12475
BNB price
Solana
Solana (SOL)
$170.23 9.31955
Solana price
XRP
XRP (XRP)
$0.5823930 2.66517
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 5.24705
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 10.1496
Pepe price
Bonk
Bonk (BONK)
$0.0000317 21.72818
Bonk price
Bitcoin
Bitcoin (BTC)
$67,049.00 6.04055
Bitcoin price
Ethereum
Ethereum (ETH)
$3,524.61 4.08978
Ethereum price
BNB
BNB (BNB)
$593.50 5.12475
BNB price
Solana
Solana (SOL)
$170.23 9.31955
Solana price
XRP
XRP (XRP)
$0.5823930 2.66517
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 5.24705
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 10.1496
Pepe price
Bonk
Bonk (BONK)
$0.0000317 21.72818
Bonk price

Telegram bot BonkBot tops $250m in daily trading volume

telegram-bot-bonkbot-tops-250m-in-daily-trading-volume
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News
Telegram bot BonkBot tops $250m in daily trading volume

A Telegram trading bot for Solana-based memecoin has reached the $250 million mark in daily trading volumes, outpacing Coinbase’s entire Base chain.

The meme coin frenzy appears to be signaling signs of reaching its top as even trading bots now rivaling entire sidechains in trading activity. According to data from analytical service Dune, BonkBot, which facilitates trading of Solana’s meme coin BONK, has reached an impressive daily trading volume of $251 million, generating nearly $1.4 million in fees.

Telegram bot BonkBot tops $250m in daily trading volume - 1
BonkBot’s trading volume and fees | Source: Dune

For comparison, data from DefiLlama shows that the Coinbase-powered Base sidechain recorded approximately $212 million in daily trading volume, while Polygon witnessed $156.8 million. Should its growth trajectory continue, BonkBot’s next target would be Thorchain, which boasts a trading volume of $307 million as of Mar. 19.

Telegram bot BonkBot tops $250m in daily trading volume - 2
Trading volume by chains | Source: DefiLlama

Despite the exponential growth in trading volume, the BONK token itself is facing challenges, experiencing a 21% decline to $0.0000204, according to CoinMarketCap. Originally conceived by Solana enthusiasts in the aftermath of FTX’s collapse in November 2022, BONK aims to boost optimism within the Solana ecosystem. It has swiftly gained traction within Solana’s community, serving as an incentive for various applications built on the blockchain.