$BONK Reclaims $2 Billion Market Cap, Surpasses $FLOKI as Strongest Meme

$BONK, a memecoin associated with Solana, has reclaimed a market capitalization of 2 billion dollars. The cryptocurrency has surpassed the market cap of Ethereum's $FLOKI and is closing in on $WIF. Enthusiasts have noted that as Solana performs well, $BONK tends to follow suit, calling it the strongest meme on the day. The supply of $BONK is reportedly decreasing, adding to the bullish sentiment around the coin. This trend is part of what some are calling the SOLANA cycle.