The BONK crypto hackathon is over, with the first-placed project scooping a $140,000 prize pot. Second place received $50,000, and third place landed $10,000.
BONK has surged over 50% in the past week, as all on-chain Solana volume and attention have shifted to the meme coins’ fast-growing ecosystem.
the letsBONK hackathon has come to an end ❗❗❗
we are in the process of reviewing the winners, which may take 2 – 7 days.
a snapshot took place when the hackathon timer ended, and we are aware of the proper placeholders. the leaderboard is still updating, but no longer…
— letsBONK.fun (@bonk_fun) July 6, 2025
DISCOVER: Best Meme Coin ICOs to Invest in Today
BONK Crypto Surges On The Back Of A Successful Hackathon And Blossoming Ecosystem
While BONK is only up 3.5% on the day, it has increased by more than 50% in the past week and by 75% over a 14-day timeframe. It continues to flourish as on-chain Solana traders continue to shift away from Pump.fun and onto the BONK crypto ecosystem.
Following its Hackathon, which concluded yesterday and saw the BESTCOIN meme coin win the $140,000 first-place prize, sentiment around the BONK ecosystem is growing rapidly.
Bonk already has the largest Telegram trading bot, BONKbot, which DefiLlama indicates is the highest fee-generating trading bot, generating $4.35 million in monthly fees, compared to Trojan in second place with $4.21 million.
It is fast becoming an all-in-one ecosystem as BONK now has a token launchpad (LetsBonk), a DEX (BonkSwap) and even a sports betting platform (BonkBets).
Multiple Bonk-launched meme coins are surging right now, with USELESS spiking more than 10x in the past 30 days, from a $20m market cap to over $280m. IKUN is the latest meme coin launched on BONK, gaining significant attention.
It has had a more impressive run than USELESS, taking just nine days to hit 10x after USELESS took nearly a month. IKUN appears to be extremely popular within the Chinese community, which has helped boost its price from $0.0025 to over $0.026 in less than ten days.
DISCOVER: Top 20 Crypto to Buy in June 2026
All Of The Success Within The Bonk Ecosystem Is Driving BONK Crypto Into The Top 50
BonkFun market share officially hits 51%, exceeding 50% for the first time in history
Pumpfun market share drops to 39.9%, falling below 40% for the first time ever
the winner of the launchpad wars has been decisively chosen
the people have spoken, and they prefer a… https://t.co/OAJcAAQ5U4 pic.twitter.com/ln1MOWU2mi
— Unipcs (aka 'Bonk Guy') 🎒 (@theunipcs) July 6, 2025
Let’sBonk has overtaken Pump.fun in market share, surpassing it in 24-hour volume, with $411 million compared to $383 million on Pump. This narrative and attention shift are only helping to bring eyes back to the BONK crypto token.
It is up nearly 4% on the day and is currently trading for $0.00002275. One interesting metric that supports the claim that BONK is currently dominating mindshare is trading volume.
BONK has processed over $1.2 billion in 24-hour trading volume, a significant increase from this time last month, when it was seeing volume of between $800 million and $900 million.
In November 2024, BONK reached an all-time high of $0.000053, resulting in a market capitalization of over $4 billion. The current market cap of BONK crypto is just $1.7 billion, meaning returns of over 100% are required to return to those highs.
BONK BREAKOUT CONFIRMED!
For the first time since November 2024, $BONK has shattered its weekly downtrend! This isn't just a bounce; it's a monumental shift that could signal the return of meme coin dominance.
Having already exploded over 60% in 5 days, from $0.00001300 to… pic.twitter.com/lWR99Do5sC
— FOUR | Crypto Spaces (@X_Four_iv) July 7, 2025
With everything happening around the BONK ecosystem right now, it seems a foregone conclusion that it will make fresh highs as we head deeper into the ongoing bull market.
Currently, BONK is the 61st largest cryptocurrency by market capitalisation, making it the fourth-largest meme coin, behind DOGE, SHIB, and PEPE. Many within the BONK community believe that it will overtake PEPE before this cycle comes to an end due to its ever-growing suite of products and tools.
One project that stands to benefit from the growing hype and demand for BONK crypto tokens is Snorter Bot (SNORT), a brand new Telegram-trading bot with lower fees than both BONKbot and Trojan, as well as the smaller trading bots.
BONUS: Snorter Bot (SNORT) Hits $1.6m In Presale Funding: Is This The BONKbot Killer?
Snorter Bot (SNORT) is experiencing a surge in hype following its $1.6 million ICO investment to date. It is a brand-new Telegram trading bot for Solana, aiming to take the top spot with market-leading low trading fees and super-fast speeds.
While initially launching for Solana trading only, Snorter Bot is multi-chain-ready, a feature that BONKbot currently doesn’t offer. SNORT will likely be available for trading on Ethereum, Base and other leading blockchains before long.
Holders of the SNORT token will have access to market-leading trading fees of just 0.85%, which beats Trojan, Maestro, Banana Gun, and BONKBot.
It has raised over $1.6 million in just over a month since its ICO went live, with investors eager to secure a bag of this cutting-edge trading tool at early-bird prices, leaving $2 million as the next funding milestone for SNORT.
Snorter Bot has built-in MEV protection, an innovative sniper tool, and a copy-trade function. It allows users to follow their favourite wallets and influencers into the trenches.
Although SNORT will initially only be available for Solana, the bot has been developed with day-one multi-chain capabilities. It is no surprise that it will likely soon be available on Base, Ethereum, and other notable chains.
Investors seeking lucrative passive income on their SNORT presale bag can stake their tokens for an impressive 224% APY. This offers traders a perfect passive income opportunity while they wait for the Snorter Bot presale to conclude.
Visit SNORT HereEXPLORE: Best Meme Coin ICOs to Invest in 2026
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