Bonk jumps 14% on Upbit amid extreme greed signal, highlighting speculative demand in Solana meme coins.

Bonk (BONK), a popular meme coin on the Solana network, surged 14% on Upbit, reaching about 0.00920 won with a 99 extreme greed sentiment score, indicating crowded speculative positioning. The token saw high trading volume of approximately 91.85 billion won ($66 million), confirming strong short-term momentum rather than a low-liquidity spike. This surge reflects renewed speculative interest in Solana-based meme coins, though broader market performance remains mixed with some altcoins showing fear signals. Investors should watch for potential volatility and quick reversals as extreme greed often precedes sharp pullbacks in such high-beta tokens.