Solana dog coin Bonk (BONK) jumps 20%: Likely reasons $BONK BONK
scored a huge win in the SEC lawsuit, as the judge ruled that XRP is not a security. The news gave hope to crypto investors, who breathed a sigh of relief that other altcoins may not be considered securities after all.
BONK, just like the rest of the crypto market, celebrated the win as it sent a congratulatory message to XRP via its official Twitter account. Owing to the positivity, BONK traded higher. At the time of writing, BONK was up 19% in the last 24 hours to $0.0000004. The token hit intraday highs of in a two-day rise, breaching above the critical barrier at $0.00000037, which had hampered its price growth for weeks. BONK is up 18.27% in the last seven days.
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