Meme coins like #Bonk (BONK), FlokiInu (FLOKI), and #Pepe (PEPE) are high-risk investments due to their extreme price fluctuations, often driven by social media hype and public sentiment.
#Bonk ($BONK)
A meme coin widely used in the #Solana community.
Gained traction after the FTX collapse, attracting investors seeking alternative assets.
Its price is highly volatile, making it a risky investment.
#FlokiInu ($FLOKI)
Inspired by Elon Musk's Shiba Inu dog, Floki.
Built a strong community ("Floki Vikings") that supports its growth.
Expands beyond memes, offering DeFi platforms and NFTs.
Inspired by the famous meme $Pepe the Frog.
Once surpassed $8 billion in market value, showing extreme price swings.
Like other meme coins, it remains highly speculative and volatile.