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In a rather impressive development for the new Solana-based meme coin, BONK has seen its trading volume surpass both Dogecoin (DOGE) and Shiba Inu (SHIB). Indeed, the newest meme coin on the market has officially given the two mainstays a run for their money amid its meteoric rise.

The newcomer had noted a massive $1.37 billion in trading volume that outperformed DOGE’s $933 million and SHIB’s $225.8 million, according to data. Additionally, it presents BONK as a serious player in the meme coin market, despite its increased volatility. However, questions about its sustainability remain.

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