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In recent times, the Solana (SOL) blockchain has become the hotspot for meme coins, with projects like Dogwifhat (WIF), cat in a dogs world (MEW) and Bonk (BONK) taking the market — or at least the meme coin niche of it — by storm. Sticking to the tradition of using animal-themed meme coins, another hyped meme crypto, Ponke (PONKE), was launched on Solana back in December 2023. Its popularity surged in early 2024 as crypto influencers started endorsing the token.
What is Ponke crypto, and why is it growing so popular in the crypto community? In this article, we’ll examine this new Solana-based star of the meme coin market.
Key Takeaways:
Ponke (PONKE) is a meme coin on Solana that’s themed around a monkey who’s a self-confessed "degenerate gambler with anger issues."
The PONKE token has been on a half-year general uptrend since its launch in December 2023, and has recently reached the top 10 of Solana-based meme coins by market capitalization. In mid-May, PONKE's price soared by almost 200% to a new all-time high.
PONKE can be bought on Bybit as a Spot pair (PONKE/USDT) in the Adventure Zone.