Shiba Inu and Dogecoin were the top meme currencies to rally when the markets turned bullish, but BONK has outpaced their performance. The Solana-based meme coin has surged nearly 20% on Thursday while SHIB spiked only 5%. The development indicates a shift in traders’ preferences where new meme coins are more lucrative than the older peers. Even Dogecoin, which was the industry standard for meme coins, has barely been attracting hype in the community.

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