According to CoinDesk, ChainCatcher reports that the dog-themed token BONK on the Solana chain has gained attention due to the launch of a new issuance platform, Letsbonk.fun. The platform is supported by the BONK community and Raydium, generating nearly $800,000 in revenue within three days and using part of the fees to buy back BONK tokens.
BONK has risen 54% in the past week, with a significant increase in related futures open interest, indicating potential price volatility.
