Solana-Based Meme Coin Honk and Bonk Rivalry Heats Up As HONK Price Skyrockets


Solana-based goose-themed meme coin Honk debuted on January 13, beginning a rivalry with Solana meme coin Bonk. Honk meme coin challenge states it has just one objective to flip Bonk in market cap and value. HONK is impressed by the viral online game “Untitled Goose Recreation.”

Can Honk Flip Bonk?

The latest development of the Solana ecosystem was backed considerably by meme cash Bonk, Dogwifhat, Myro, and others. Honk tries to flip Solana’s high Bonk meme coin, which presently has a $613 million market cap.

Bonk has an enormous following and holders after the latest airdrop, which even induced Solana Mobile Saga smartphone to go offered out as individuals rushed to purchase the smartphone to get free BONK airdrops.

In the meantime, Honk has a market cap of simply $11.44 million and a max token provide of 1 billion. Curiously, Honk has a singular tokenomics construction, that includes a 0% tax on transactions, making it a user-friendly and engaging funding.

Honk stated the Instagram promoting marketing campaign for the meme crypto was a large success, pushing it into the trending sections for each CoinMarketCap and Solana.

The place Can You Purchase HONK?

HONK meme cryptocurrency is out there to buy on crypto exchanges together with Raydium, Orca, Poloniex, Jupiter, LBank. The listings have induced a immediate shopping for of HONK because the meme coin challenge plans to conduct shock airdrops within the few months.

MEXC has announced the itemizing of HONK, turning into the third centralized alternate to checklist HONK. MEXC will checklist the meme coin in HONK/USDT buying and selling pair. Customers can begin buying and selling on February 7 at 04:00 UTC.

Honk asserts there will likely be many extra listings coming sooner or later because the group continues to increase and demand for it continues to rise.

HONK Worth Rally Whereas BONK Fades

HONK

HONK value rallied over 800% after debut final month, however gave some beneficial properties. The value continues to be buying and selling above 400% and buying and selling at $0.01236. It hit a excessive of $0.02472 from the all-time low value of $0.002431.

Moreover, the buying and selling quantity is rising day by day, indicating an increase in curiosity amongst traders. Whereas, BONK value fell since HONK debut. The rally for BONK has now pale as different Solana-based meme cash take over the hype.

Additionally Learn: Crypto Presale Projects For 2024 To Invest; Updated List

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Varinder has 10 years of expertise within the Fintech sector, with over 5 years devoted to blockchain, crypto, and Web3 developments. Being a expertise fanatic and analytical thinker, he has shared his information of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the enormous potential of those progressive future applied sciences. He’s presently protecting all the newest updates and developments within the crypto business.

The introduced content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.





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