Is Polygon Co-Founder Trading Solana’s Meme Coin BONK?
Solana’s meme token BONK witnessed huge hype in the previous few days, which even pressured crypto exchanges to right away listing BONK. Polygon co-founder Sandeep Nailwal even not directly traded BONK tokens and appreciated the person expertise on the Solana blockchain, as per Bonk Inu’s Twitter deal with. The BONK value soared 42% within the final 24 hours.
Polygon Co-founder Sandeep Nailwal Traded BONK Tokens
Bonk Inu in a tweet on January 7 claimed that person expertise on the Solana blockchain is so good that even Polygon’s co-founder Sandeep Nailwal skilled utilizing BONK tokens.
“It appears Solana’s person expertise is so good the cofounder of Polygon can’t assist however to play with $BONK?”
It cited a tweet that claims Polygon co-founder funded a pockets that’s been buying and selling BONK tokens. Subsequently, he’s additionally conversant in Solana DeFi.
The blockchain data reveals the choice account obtained over 300 million BONK tokens. The account is actively buying and selling BONK tokens.
Polygon co-founder earlier agreed that the Solana chain is unstable. Polygon even paid $3 million to DeLabs emigrate its Solana-based NFT tasks DeGods and Y00ts emigrate chains. The tasks had been the highest 2 NFT collections on Solana, driving nearly 70% sale quantity on Solana. It prompted the SOL value to plummet under $10.
Nonetheless, the BONK hype saved Solana from collapsing and lifted the SOL value to over $14.50. The BONK value additionally rallied over 4000% in every week. At present, a number of tasks and Dapps are coming onto the Solana blockchain, which can additional enhance Solana’s utility.
Additionally Learn: Builders Burned All 5 Trillion BONK, Upcoming Solana Worth Rally?
Can Solana and BONK Rally Once more?
Each Solana and BONK proceed to pattern on Crypto Twitter and CoinMarketCap. The Solana value is at present buying and selling sideways after a 35% rally this week. The SOL value is $13.17.
In the meantime, the BONK value additionally witnessed profit-taking after a 4000% rally this week. The BONK value is at present buying and selling at $0.000002191, up over 40% within the final 24 hours.
Additionally Learn: Shiba Inu’s Shibarium Beta Launch Virtually Right here, Says Official Portal
