The cryptocurrency market is witnessing growing interest in dog-themed coins, particularly the Solana-based BONK and Dogwifhat. These coins are showing higher growth rates compared to Dogecoin and Shiba Inu.
Recent Market Changes
In the past 24 hours, BONK has increased by nearly 11%, while Dogwifhat (WIF) has seen an even stronger performance, rising over 22%. Meanwhile, Dogecoin (DOGE) is up 4.94%, and Shiba Inu (SHIB) has gained 7.27%.
Performance of Newcomers Amid BTC Rise
Based on weekly performance, WIF and BONK also saw higher gains, up 58% and 32% respectively, while Shiba Inu and Dogecoin both increased by 17%. At press time, WIF and BONK were trading at $0.638 and $0.00001583, respectively.
BONK Community and Its New Mission
BONK recently unveiled its new Community Driven Mission, R.E.A.D., which represents four main tenets: Reduce Supply, Expand Awareness, Accelerate Adoption, and Drive Revenue.
Thus, it is becoming clear that Solana-based meme coins like BONK and Dogwifhat continue to gain popularity and attract investor interest, outperforming older and more established cryptocurrencies.