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Solana-based Bonk has a major reversal: outperforms Bitcoin and XRP

Source: CoinWorld
Bonk (BONK) is a Solana-based memecoin that rose 8.1% in 24 hours and 49.9% since September 2024, outperforming major cryptocurrencies such as Bitcoin and Ethereum. The rise is driven by the possible rate cut by the Federal Reserve and the price increase in Solana, although CoinCodex predicts a 31.66% correction to $0.00001729 by September 21. Overall market factors, including inflows of Bitcoin ETFs, may affect BONK's future trend.
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