The price of BONK rises 60% in a week as Solana memecoins make a comeback

Open interest in BONK futures tripled in the last week, as Solana memecoins received a boost from investors.

Key points:

The price of BONK has risen 73% since April 22, reaching a five-month high of $0.00002167.

Open interest in BONK skyrocketed 290% to $43.2 million.

Bonk

BONK

€0.00001752

, the second-largest memecoin based on Solana by market capitalization, is on track to continue the recovery that began on April 22. BONK has risen approximately 73% since its low on April 22 of around $0.00001247, bringing its price to an intraday high of $0.00002167 on April 28.

Data from Cointelegraph Markets Pro and TradingView shows that BONK is trading at $0.00001923, 3% higher in the last 24 hours and 60% higher in the last seven days.