The bull run in Bonk!, the first Solana-based dog meme coin, may have run its course. BONK, a token issued on the Solana blockchain that was airdropped a few weeks ago for free to Solana investors across the ecosystem, is sliding rapidly on Friday.
According to DEX Tools, BONK/USD was last changing hands around $0.0000016 per token, having now shed around two-thirds of its value from the record highs it hit above $0.0000048 in early Thursday trade.
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