BONK has experienced a significant decline, dropping nearly 20% over the past week, as traders redirect their focus to the upcoming launch of FROGE, a new memecoin on the Solana blockchain. FROGE is set to launch on November 18 and promises a fair launch without seed allocations, integrating AI, AR, NFTs, and gamification to attract interest.
The shift in trader attention comes as BONK faces profit-taking and increased competition in the memecoin market. FROGE's innovative approach and fresh narrative are drawing interest from traders seeking new opportunities, contributing to BONK's recent price decline.
BONK Drops 20% as Traders Eye FROGE's Upcoming Launch
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