BONK Surges 9% as Even as Memecoin Interest Shifts to Newer Tokens

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Jamie Crawley, Sheldon Reback

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Mentions

People	Sheldon Reback
Organizations	CoinDesk, CoinDesk Research

Target	Sentiment	Comment
BONKBONK	Bullish	BONK surged 9% with strong trading volume, indicating short-term demand.
DogecoinDOGE	Bearish	Legacy meme tokens like DOGE are losing interest as newer tokens gain attention.
DeFi	Bullish	Newer meme tokens with utility-driven models are gaining attention, indicating a shift towards DeFi innovations.