Smart Money Investors Favor Solana Meme Coin BONK Over Market Leaders

Volatility remains high in the crypto market, particularly in meme coins like Solana-based BONK. Despite wild fluctuations, intense buying activity has persisted in BONK, the second-largest meme coin on the Solana blockchain. Smart money investors have shown significant interest in BONK, with large buy-ins reported. The Solana Post highlighted that BONK has attracted the most participation from smart money investors compared to other meme coins on the Solana blockchain. Over $500,000 was invested in BONK within three days, surpassing competitors like POPCAT, WIF, and PENGU. This trend indicates that smart money investors anticipate a price increase in BONK, potentially driving its value higher. Recent performance data shows that Solana meme coins like BONK have outperformed market leaders like Dogecoin and Shiba Inu, with BONK experiencing a 40% rally in the last month. Read more AI-generated news on: https://app.chaingpt.org/news