In the latest Bitcoin-driven market rise, Solana-based dog coins Bonk and Dog Wifat (WIF) outperformed more established counterparts Dogecoin (DOGE) and Shiba Inu (SHIB).
Over the past 24 hours, Bonk has increased by nearly 11%, while Dogwifhat (WIF) demonstrated even stronger performance, rising above 22% over that timeframe. Dogecoin (Doge) and Shiba Inu (Shib) have made significant profits, but this remains less than what you'll find in WIF and Bonk, suggesting a growing interest in Solana-based meme coins. Doge has increased by 4.94% over the last 24 hours of coverage, while Shib has increased by 7.27%.
Based on weekly performance, WIF and Bonk increased by 58% and 32% respectively, while Shiba Inu and Dogecoin increased by 17%.
At the time of pressing, WIF and Bonk were trading at $0.638 and $0.00001583, respectively. Shiba Inu and Dogecoin were exchanged for $0.000014 and $0.181.
what's happening?
After weeks of inactive activity and low liquidity conditions, the market ultimately responded aggressively to a wider macrocatalyst, with both stocks and cryptocurrencies getting higher.
Bitcoin surpassed $95,000 in the session earlier Friday, marking its seventh consecutive day since April 19th. After steadily rising from its low of $0.0000885 on April 7, Bonk surpassed prices since December 2024, reaching a high of $0.00001644 on Friday.
Bonk recently unveiled Read, a new community-driven mission representing the four key tenets advocated by the Bonk community.
WIF prices reversed the course following a long downward trend, and consolidation began to peak on April 18th.
