BONK A LIFEBOAT FOR SOLANA? : altcoin

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Solana has been down 80% from its ATH M.CAP for some time now and it can be linked to bear syndrome, bug attack and the worst was the Alameda debacle which has made some of us lose faith in the project.

Its price recently spiked from $10 to $13 following the listing of $BONK on MEXC GLOBAL and consequently has been listed on other Cexes like BKEX and Bitget. The meme project was built on the Solana blockchain to revamp liquidity in its ecosystem which has been progressive in my opinion.t

Despite being a meme BONK looks so promising as its roadmap captures some factors, which drive the stability of crypto projects such as

  1. STAKING

  2. LEND AND BORROWING

  3. RAFFLES AND TRADE CONTESTS

  4. GOVERNANCE

Can all these keep BONK on the highs, should they reach the aim of providing them, thereby keeping SOL stable in price since a lift for BONK will do the same for SOL, what are your thoughts? Here’s it

https://coinmarketcap.com/currencies/bonk1

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