Bonk price slides despite partnership with DeFi Development Corp to launch Solana validator

DeFi Development Corp has partnered with BONK to co-manage a Solana validator. This collaboration is a strategic step to increase revenue, with DeFi Development Corp recently acquiring 16,447 SOL for 2.3 million USD.

Despite the positive news around the partnership, BONK’s price fell 4% in the past 24 hours, with a total decline of 8% over the week. Nevertheless, the coin has experienced substantial growth of 70% this month.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts