Meme token BONK continues to gain popularity, becoming the most purchased token for two consecutive days. It has surpassed competitors like USELESS and Fartcoin with over $400,000 in purchases.
BONK: Leader Among Meme Tokens
According to StalkChain, BONK has emerged as the most purchased token by smart money for the second day in a row, surpassing the purchase volumes of other tokens on Solana.
"BONK leads all tokens with the highest daily purchases," stated by thesolanapost, citing the tracking platform. The token USELESS followed at a distant $250,000, while Fartcoin secured third with just over $120,000.
Shifts in Launchpad Platforms
Data from launchpads reveals BONK's rising influence through LetsbonkFun, which now controls 31.2% of the total platform market share. This marks the first occurrence where BONK’s bonded token count has overtaken Pumpfun.
LetsbonkFun processed 9,553 mints, demonstrating higher bonding rates and more efficient user engagement.
Price Surge and Market Capitalization
BONK also leads 24-hour crypto gains among the top 200 assets, jumping 19.6% to reach $0.00002213. The meme token has now surpassed rivals like Polygon (POL), Arbitrum (ARB), and TRUMP in market cap, which sits at $1.72 billion.
Previously, BONK reached 59th place in the overall cryptocurrency rankings, receiving support from aggressive buyers aiming to push the asset forward.
The rising interest in the BONK token confirms its strengthening position in the meme token market. The increase in purchases and positive price dynamics signal the future potential of this asset.