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Meme coin news: MOODENG and BONK lead market comeback; SHIB burn rate jumps 1,200%

  • MOODENG gained over 30% following its listing on Upbit, surpassing a market cap of $200 million.
  • BONK displayed bullish momentum with a jump of 18.72% due to renewed demand, reflected in a significant increase in buy volume.
  • Shiba Inu's burn rate surged by 1,200%, with over 13 million tokens destroyed recently, impacting its deflationary journey.
  • Cryptocurrency market experienced volatility; Bitcoin briefly surged above $110K before retracing. Meme coins like MOODENG, BONK, and SHIB remained in focus, influencing market trends.

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