$BONK Meme coin grew by 66%, spot inflows exceeded $19 million
The trend of creating new tokens on LetsBonk has increased the demand for BONK. The token has risen by 66% over the past seven days. Capital continues to flow into the spot markets, indicating strong bullish momentum. According to Coinglass, over $19 million has entered the BONK spot market in the last four days. Of this, $5 million was recorded on Monday. This liquidity highlights the growing interest of investors and confidence in the short-term prospects of the meme coin.
The BBTrend indicator has turned positive for the first time in 30 days, strengthening the likelihood of sustained growth. The metric determines the strength and direction of the trend. A transition from a negative value to a positive one indicates a trend reversal towards growth. This change suggests that bullish momentum may be gaining strength after a prolonged decline. $WCT $HFT