Bonk (BONK), the second-greatest Solana meme coin by market cap, hit a brand new excessive of $0.000047 on Friday, breaking a file from Would possibly furthermore—after which pushed even larger on Saturday, jumping to a brand new all-time mark above $0.000049. It’s currently up 120% over the final week, per info from CoinGecko.
The pump came after the mission launched a campaign to dissipate to 1 trillion BONK—over $39 million worth at current—by Christmas Day in step with plenty of engagement criteria, prompting fans and community people to dwell social media responsibilities. Burning tokens shrinks the token provide, boosting scarcity and potentially rising the worth this implies that.
Other principal meme cash equally hit excessive marks on Friday without such schemes, nonetheless. Brett (BRETT), a meme coin on Ethereum layer-2 network Contaminated, peaked at a brand new excessive above $0.19 tedious Friday, whereas Mog Coin (MOG) jumped to a brand new file imprint of $0.0000029.
A pair extra most contemporary meme coin sensations furthermore hit new highs, equivalent to Goatseus Most (GOAT)—a token conceptualized by an AI chatbot, nevertheless created by a human—which jumped to $1.30 on Saturday. And Moo Deng (MOODENG), a Solana token impressed by the baby pygmy hippopotamus that now now not too long ago went viral, space a brand new height imprint of $0.68.
Earlier this week, Pepe (PEPE), Cat in a Dogs’s World (MEW), and Fwog (FWOG) all space new file costs. Other vital meme cash have gotten end to their respective records, too, equivalent to Solana’s Dogwifhat (WIF).
The meme coin market cap comes after Dogecoin (DOGE)—the usual meme coin—spiked to a three-twelve months excessive imprint of about $0.43 earlier this week. The DOGE resurgence came amid ties to Elon Musk (as habitual), who will co-lead a brand new govt effort beneath President-elect Donald Trump known as the Division of Authorities Efficiency—sure, the D.O.G.E.
