Bonk Gains Momentum Amid Meme Coin Season

Retail interest has shifted back to meme coins in the cryptocurrency market, with Bonk (BONK) emerging as one of the most watched digital assets after weeks of dominance by large-cap cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

Bonk currently holds the 111th-largest market capitalization at approximately $484.6 million and generates $24.5 million in daily trading volume, with a price near $0.0000055.

The token's daily volume is not exceptionally high but its volume-to-market-cap ratio of around 5% suggests genuine churn rather than thin orderbook movement, according to the data.