Despite Musk’s own history of embracing Dogecoin — going as far as naming a government division Department of Government Efficiency (DOGE) with a Dogecoin logo ... while Bonk (BONK) climbed 11.7%.

One US exchange-traded fund issuer has even proposed creating a BONK ETF. In the fourth quarter of 2024, application revenues on Solana increased by 213%, primarily due to memecoin speculation ...

Pepe Leads Memecoin Rebound WIth 11% Rally ... to be unveiled during Friday's White House crypto summit. Khyathi Dalal Bonk Down 42% In A Month, But Millionaire Trader Says Solana Crypto Reserve ...

It’s not alone—the entire memecoin sector is bleeding, with Shiba Inu, Pepe, and Bonk all posting losses of 5-7%. The downturn has wiped out $4.11 billion from the memecoin market in just a ...