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Solana-based goose-themed meme coin Honk debuted on January 13, beginning a rivalry with Solana meme coin Bonk. Honk meme coin mission states it has just one aim to flip Bonk in market cap and worth. HONK is impressed by the viral online game “Untitled Goose Game.”

Can Honk Flip Bonk?

The current progress of the Solana ecosystem was backed considerably by meme cash Bonk, Dogwifhat, Myro, and others. Honk tries to flip Solana’s prime Bonk meme coin, which at present has a $613 million market cap.

Bonk has an enormous following and holders after the current airdrop, which even prompted Solana Mobile Saga smartphone to go bought out as folks rushed to purchase the smartphone to get free BONK airdrops.

Meanwhile, Honk has a market cap of simply $11.44 million and a max token provide of 1 billion. Interestingly, Honk has a novel tokenomics construction, that includes a 0% tax on transactions, making it a user-friendly and enticing funding.

Honk mentioned the Instagram promoting marketing campaign for the meme crypto was an enormous success, pushing it into the trending sections for each CoinMarketCap and Solana.

Where Can You Buy HONK?

HONK meme cryptocurrency is accessible to buy on crypto exchanges together with Raydium, Orca, Poloniex, Jupiter, LBank. The listings have prompted a immediate shopping for of HONK because the meme coin mission plans to conduct shock airdrops within the few months.

MEXC has announced the itemizing of HONK, changing into the third centralized change to checklist HONK. MEXC will checklist the meme coin in HONK/USDT buying and selling pair. Users can begin buying and selling on February 7 at 04:00 UTC.

Honk asserts there shall be many extra listings coming sooner or later because the group continues to develop and demand for it continues to rise.

HONK Price Rally While BONK Fades

HONK worth rallied over 800% after debut final month, however gave some features. The worth remains to be buying and selling above 400% and buying and selling at $0.01236. It hit a excessive of $0.02472 from the all-time low worth of $0.002431.

Furthermore, the buying and selling quantity is rising each day, indicating an increase in curiosity amongst buyers. Whereas, BONK worth fell since HONK debut. The rally for BONK has now light as different Solana-based meme cash take over the hype.

Also Read: Crypto Presale Projects For 2024 To Invest; Updated List

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Varinder has 10 years of expertise within the Fintech sector, with over 5 years devoted to blockchain, crypto, and Web3 developments. Being a expertise fanatic and analytical thinker, he has shared his information of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the large potential of those revolutionary future applied sciences. He is at present masking all the newest updates and developments within the crypto business.

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