The once-booming trend of Solana meme coins appears to be reaching its twilight. Backed by social media excitement and community cheerleading, tokens like Bonk (BONK) and Cat in a Dogs World (MEW) soared to heights. However, meme coin’s lack of real-world utility or underlying technology which has resulted in their major collapse and bearish trends, while emerging ETFSwap (ETFS), anchored by blockchain technology. Bonk’s (BONK) Fades From ATH Hero To Price Plunge Bonk’s story began with explosive growth, similar to many Solana meme coins. Bonk (BONK) entered the market in 2023 and instantly skyrocketed its value by over 10,000% within
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