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Bonk Meme Coin Community Shifts Focus to Promising New ICO, Eyeing 1000% Returns
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With Solana’s biggest meme coin Bonk (BONK) having now pulled back more than 30% from the record highs it hit on Monday, Bonk meme coin community members are shifting their focus to a promising new ICO, where they are eyeing 1,000% returns.
With a market cap of last around $2 billion, Bonk’s could yet post gains in the region of 10x this bull market.
That’s assuming it is able to catch up to the likes of Dogecoin and Shiba Inu, a tough ask.
But investors looking for larger gains would do better to look for smaller, lesser-known meme coins with much lower market caps, but with a lot of viral potential.
A meme coin called Sponge ($SPONGE) fits this bill perfectly, after recently launching its V2 on Polygon.
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