BONK and WIF Pumping as Bitcoin Nears $110K, STARS Meme Coin Presale Nears $20 Million

Crypto Blog

As the price of Bitcoin is getting closer to a new milestone at $110,000, the popular meme coins dogwifhat and Bonk are performing positively.

The power of community, a sense of belonging, and taking a stand on the “all-serious” financial industry have been some of the key drivers that have propelled the value of meme coins to unexpected heights. This meant that billions of dollars in customer assets would be rapidly poured into this digital asset. Higher liquidity typically favors higher prices in the crypto space and this was not the exception.

Meanwhile, BONK has been persistently posting higher highs throughout the year and the tailwind provided by Bitcoin’s surge to the $100,000 level will likely benefit its run. BONK supporters claim that the token could ultimately surpass the $4 billion market cap once late buyers find their way to the market.

The APR for this protocol currently stands at 155% and the $STARS token has already raised nearly $20 million from early investors who have participated in the pre-sale. Once words get out that meme coins will start to produce staking rewards to holders, chances are that $STARS will experience a surge.

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