It’s been a wild week for Solana-based meme coin BONK, which at one point saw gains of 3,300% over seven days. Since then, the Doge-themed cryptocurrency has slipped by 50% on the day, with its developers attempting to halt the decline by burning their allocation of 5 trillion BONK (then worth around $1 million). Whether it’s a frivolous fad or the saviour of Solana—which has taken a beating in the wake of the FTX collapse—only time will tell.
🚀 The private art market has outperformed the S&P 500 by 174% over the past 25 years. Masterworks lets you invest in multi-million dollar artworks by Banksy, Warhol & more from $10k.
💸 Since 2018, Masterworks has generated 29.03% Net Annualized Returns for investors
Earn an on-chain certificate of your Ethereum knowledge by taking Decrypt U’s free course, Getting Started with Ethereum. You’ll learn all about Ethereum’s 1001 uses, and why it’s poised to run the next generation of Web 3 applications—including DeFi, NFTs, and so much more.
