BONK defies market dip, soars more than 12% after community approves token burn

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Bonk (BONK) saw a 12% gain on Wednesday despite several other altcoins dipping.

has seen a 77% weekly gain following token burn proposal and Revolut listing. Despite the general market dip,

, alongside fellow Solana meme coins, saw a huge boom during the meme frenzy in early March. However, the dog-themed token suffered a heavy decline following the crypto market correction in early April. After the fourth Bitcoin halving over the weekend, from its Treasury. The tokens represent 100% of the

DAO. DAO community proposal to BURN 278,393,137,215B

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