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Solana-Based Meme Coin BONK Surges Past $1 Billion Market Cap After Coinbase Listing

BONK, a Solana-based meme coin, has reached a market cap of over $1 billion for the first time ever, landing at 69th on CoinGecko's ranking of the most valuable cryptocurrencies. Its price has surged 64% over the past 24 hours after being listed on Coinbase, America's largest crypto exchange. However, BONK is known for its volatility and quickly dipped about 6% before continuing to climb again. BONK's gains over the past seven days have marked a sizable 75% rise, extending to 791% over the past 30 days.

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