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Bonk has surged 58% in the past week, outpacing Dogecoin and Shiba Inu as its ecosystem gains momentum and community sentiment strengthens, according to Benzinga. Analysts cite its growing market influence, including a 40% share for BONK Launchpad, and increasing mentions on Crypto Twitter, where BONK appears in 3% of conversations. Bonk holds 13.48% of crypto mindshare, surpassing Ethereum and ranking third behind Bitcoin and Solana, according to Messari. BONK-related tokens are also rallying, and traders highlight BonkFun's use of fees to buy and burn BONK as a bullish signal. With a fully diluted valuation of $2 billion, some see an upside potential of $4 billion.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Bunk surged 58% in the past week, outpacing Dogecoin and Shiba Inu
00:06as its ecosystem gains momentum and community sentiment and strengthens, according to Benzinga.
00:11Analysts cite its growing market influence, including a 40% share for Bunk Launchpad
00:15and increasing mentions on crypto Twitter, where Bunk appears in 3% of conversations.
00:20Bunk holds 13.48% of crypto mindshare, surpassing Ethereum and ranking third behind Bitcoin and Solana.
00:27According to Messari, Bunk-related tokens are also rallying.
00:30Traders highlight Bunk Fund's use of fees to buy and burn Bunk as a bullish signal.
00:35The fully diluted valuation near $2 billion, some see an upside potential to $4 billion.
00:41For all things money, visit Benzinga.com.

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