$115,592.00
4.13%$2,938.74
6.38%$2.53
5.27%$688.04
2.83%$163.37
4.53%$0.999855
-0.00%$0.19311
7.66%$0.294137
1.19%$2,937.07
6.27%$0.673648
8.68%$115,471.00
4.05%$43.61
7.34%$3,564.17
6.90%$3.44
12.05%$15.16
6.72%$516.71
0.77%$0.300549
4.86%$20.61
6.04%$9.03
0.88%$0.191124
11.28%$3,151.40
6.40%$0.00001322
7.32%$0.999696
-0.01%$2,939.67
6.23%$2.94
3.58%$94.15
4.06%$46.72
0.10%$1.00
0.02%$329.36
0.65%$115,598.00
4.12%$3.85
6.86%$4.58
4.31%$1.001
-0.08%$0.00001225
11.96%$8.36
1.90%$305.61
2.09%$0.500881
7.21%$373.30
7.27%$1.18
-0.08%$4.83
4.98%$2.50
7.52%$0.097216
2.23%$49.07
-0.22%$5.39
5.15%$198.76
4.63%$1.00
0.00%$0.888044
7.09%$18.31
4.38%$1.058
-0.02%$0.085955
5.72%$0.999756
0.00%$4.61
6.85%$0.626859
5.13%$0.02394055
7.51%$0.315553
10.37%$0.220164
6.96%$0.395808
12.39%$9.77
8.37%$16.20
1.29%$4.46
0.15%$0.732209
5.05%$3.65
9.38%$1.076
19.06%$0.213893
12.17%$0.00002345
13.85%$0.083972
3.18%$2,941.26
6.38%$2.58
6.10%$0.313321
19.59%$115,558.00
4.25%$114.44
4.12%$4.72
2.76%$172.82
4.23%$1.61
6.43%$0.999521
-0.04%$0.483323
7.75%$0.998243
-0.07%$11.35
1.60%$3,080.30
6.38%$3,349.03
6.30%$1.00
0.02%$1.84
9.97%$1.30
18.01%$1.26
2.02%$0.01920243
22.30%$12.07
10.68%$0.072486
5.39%$0.01669761
2.90%$1.76
12.30%$0.65456
12.23%$0.737011
7.32%$3,142.02
6.15%$3,088.25
6.41%$0.337345
6.19%$1.00
-0.00%$115,452.00
4.22%$1.038
9.08%$1.00
-0.07%$3,096.08
6.63%$3.44
10.43%$0.00010099
10.83%$1.11
-0.01%$0.096631
7.76%$11.79
-9.62%$115,403.00
4.10%$3,327.65
0.15%$0.156544
3.47%$688.92
2.82%$0.489313
9.67%$116,634.00
4.20%$0.999323
-0.04%$2.48
4.66%$0.542608
4.44%$3,171.09
6.28%$183.73
4.74%$0.603153
7.93%$3,325.38
0.24%$213.70
4.63%$0.789516
7.48%$0.0168755
10.50%$0.836345
6.02%$2.70
9.96%$21.77
8.47%$111.75
0.01%$0.181489
6.14%$10.74
0.01%$0.285738
7.34%$0.01408221
9.43%$1.96
2.89%$41.99
2.20%$0.99823
-0.02%$0.437355
39.49%$0.779291
8.03%$2,938.63
6.36%$4.01
8.10%$0.112875
8.20%$0.00000066
4.51%$3,135.87
6.16%$43.66
7.48%$1.081
-1.15%$0.589708
5.81%$0.234258
1.93%$3,073.83
6.10%$0.0091031
5.65%$115,342.00
4.27%$115,418.00
4.23%$2,940.01
6.39%$0.370203
5.93%$0.997548
-0.03%$0.300848
6.64%$0.00000145
20.12%$0.057206
16.90%$0.408099
-1.42%$0.999228
0.29%$115,408.00
4.08%$0.534892
5.10%$1.69
6.57%$0.494765
-4.75%$1.51
7.43%$0.661113
4.92%$26.09
2.68%$43.66
7.42%$0.999945
0.03%$2,939.65
6.23%$0.193239
7.79%$0.998982
-0.15%$0.01439966
2.85%$0.137475
13.71%$2.60
10.20%$0.00813677
8.44%$0.227478
0.01%$0.0046939
7.19%$0.613843
8.75%$0.089959
16.05%$3,126.44
6.32%$7.93
0.80%$0.999862
-0.00%$1.001
0.01%$47.83
5.83%$0.417849
4.26%$1.18
7.59%$0.00000045
0.26%$0.061641
0.04%$6.17
5.71%$0.171378
12.51%$15.10
6.71%$1.36
9.66%$3,244.35
6.42%$0.349919
9.27%$0.04576672
85.05%$1.093
-0.01%$2.45
7.61%$0.056733
16.86%$0.406047
8.73%$6.17
11.24%$0.0000203
5.07%$0.988744
-0.75%$0.00433775
9.94%$1.65
9.29%$0.151089
3.56%$0.999181
-0.30%$3,216.59
6.49%$0.54099
4.51%$115,474.00
4.89%$0.03975442
5.70%$2,943.19
6.67%$2,940.33
6.40%$1.00
0.01%$1.24
7.57%$0.370462
14.62%$0.00686448
5.65%$0.0357888
2.07%$2,928.56
5.95%$0.352287
4.19%$115,154.00
3.91%$178.88
4.70%$0.524618
4.54%$0.00006309
5.75%$0.01792352
2.30%$0.073543
9.15%$20.80
1.23%$0.749026
7.46%$0.830425
6.85%$3,552.57
6.24%$0.238206
12.30%$0.999832
0.00%$1.20
8.21%$124.58
5.32%$11.03
4.68%$0.219903
6.95%$0.999559
-0.00%$0.314188
2.49%$1.002
0.12%$0.999217
-0.07%$0.748182
4.45%$0.00364887
4.62%$20.57
5.75%$0.00439304
11.19%$1.001
0.08%$25.00
5.79%$0.64867
5.39%$115,593.00
4.30%$1.02
0.09%$2,321.25
4.10%$0.02907392
6.85%$3,086.81
6.57%$6.76
7.66%$0.284722
21.93%Reading
The developers behind Solana-based meme coin BONK burned their allocation of 5 trillion BONK tokens early Friday, in a bid to stem the token’s bearish momentum.
After the token burn event, which saw nearly $1 million worth of BONK removed from circulation, BONK’s circulating supply shrunk 5% to 94.16 trillion, per data from Solana block explorer Solscan.
$BONK represents the best of Solana. Our community is working together across the ecosystem to make positive change for all of us.
The 5 Trillion $BONK tokens allocated to “The Team” have been burned. pic.twitter.com/g7w62sdKhb
— Bonk! (@bonk_inu) January 5, 2023
A token burn is a standard process to reduce a cryptocurrency’s supply, which—so the theory goes—can lead to an increase in the prices of the asset.
But BONK reacted otherwise.
At the time of the token burn, each BONK token changed hands at around $0.00000244, per data from CoinGecko. Since then, the token has lost around 12% in value and trades at $0.00000192 as of this writing.
Over the past 24 hours, BONK has lost nearly 50% of its value, despite the dev team’s token burn.
Meme coins and tokens are famously volatile, surging and falling based on things like social media sentiment—as seen in many past occasions with Elon Musk and Dogecoin. Now BONK, a Solana-based, dog-themed token, is experiencing that same kind of turbulent momentum, falling by over half today after ascending to an all-time high price overnight. BONK has surged over the past week, fueled by Solana developers and aficionados that are embracing the jokey vibe and memey nature after months of declin...
However, that pales in comparison to the meme coin’s weekly performance, which has seen BONK surge by 2,015%. BONK’s performance has also lifted Solana, which is up around 35% on the week (albeit dropping by around 2% in the past 24 hours).
Despite its short-term adverse price action, BONK saw strong growth in user activity over the past week.
According to data from Dune Analytics, BONK has recorded over 4 million transactions over the past three days, a figure slightly higher than the total amount of transactions processed by the Ethereum blockchain over the same period.
The token has also seen its daily active users (DAU) increase over the past week. Nearly 15,000 users have interacted with the token over the past three days.
Daily active users is a measure to track the user activity associated with a dapp or cryptocurrency. The higher the value, the more interest in the token prevails in the market.
As of this writing, more than 103,759 wallet addresses hold BONK tokens, a figure that saw a 99.9% increase since December 25, 2022, per data from Solscan.
The price of Bitcoin just shot above the $116,000 for the first time ever, continuing a recent string of all-time high jumps over the last two days—and non-believers are getting pummeled with short liquidations. Bitcoin is currently sitting at a price of $116,734 according to data from Coinbase, marking a 4.8% climb over the last 24 hours after weeks of being rangebound below the previous record price just under $112,000. According to data from CoinGlass, Bitcoin shorts are getting slammed. More...
Prediction markets ask users to put their knowledge to the test, predicting the outcomes of events in pop culture, politics, crypto, and sports in real time against their peers. On Myriad, which just unveiled its protocol expansion to Ethereum layer-2 network Linea, those users have the opportunity to make predictions in USDC and points across multiple blockchains and topics. Below, we’ll review some of the most popular and interesting markets on Myriad this week. (Disclaimer: Myriad Markets...
Bitcoin, the crypto market's flagship asset, is painting a compelling breakout story, decisively conquering two major trading barriers that were standing in the way of a short-term bull run. And with BTC once again breaking price records and firmly above the $112,000 resistance level, what should traders expect next? First, some context: With the S&P 500 and Nasdaq Composite closing at record highs for the third time in four sessions and gold futures trading at $3,370 an ounce, risk assets acros...
