ChatGPT BONK Token Experiences Nearly 44% Price Plunge, Maintains $1.17 Billion Market Cap

In recent weeks, BONK, representing the meme coin trend, witnessed a nearly 1000% surge in price driven by the Solana ecosystem. However, after reaching a new high last week, the price of BONK experienced a significant decline. Last Friday, the cryptocurrency with a dog-themed motif reached a new high of $0.00003416, but later dropped to $0.00001931, marking a substantial 44% decrease. Despite this, BONK has seen a 56% increase in the past 7 days and a remarkable 502% rise over the last 30 days. Currently, BONK holds a market cap of $1.17 billion, securing its position at 60th place. Among dog-themed cryptocurrencies, BONK follows Dogecoin and Ethereum-based Shiba Inu (SHIB), which have market caps of $13 billion and $6 billion, respectively.