EmmaCalls
--
$BONK Surges Amid Milestone Achievements and Upcoming Token Burn
The Solana-based meme coin, $BONK , reached a new all-time high of $0.000060 on November 20, 2024, fueled by increased trading activity and its recent listing on the South Korean cryptocurrency exchange Upbit. This milestone represents an 18% surge, contributing to an impressive weekly gain of over 75%. With a market capitalization now exceeding $4 billion, some analysts predict BONK could rally toward a $10 billion valuation in the coming months.
Technical analysis indicates a strong bullish trend for BONK. However, a short-term price retracement is possible before the coin resumes its upward trajectory. Projections suggest that BONK could achieve a price target of $0.000112 in the near future, supported by growing investor interest and significant activity from whale accounts.
Adding to the momentum, BONK’s scheduled burn of 1 trillion tokens this Christmas is expected to reduce its circulating supply, increasing scarcity and potentially driving further price growth. As the community eagerly anticipates this event, BONK remains a focal point in the crypto market for its remarkable performance and potential for continued gains.
#NFTIsBack #MicrosoftBTCInvestmentVote
The Solana-based meme coin, $BONK , reached a new all-time high of $0.000060 on November 20, 2024, fueled by increased trading activity and its recent listing on the South Korean cryptocurrency exchange Upbit. This milestone represents an 18% surge, contributing to an impressive weekly gain of over 75%. With a market capitalization now exceeding $4 billion, some analysts predict BONK could rally toward a $10 billion valuation in the coming months.
Technical analysis indicates a strong bullish trend for BONK. However, a short-term price retracement is possible before the coin resumes its upward trajectory. Projections suggest that BONK could achieve a price target of $0.000112 in the near future, supported by growing investor interest and significant activity from whale accounts.
Adding to the momentum, BONK’s scheduled burn of 1 trillion tokens this Christmas is expected to reduce its circulating supply, increasing scarcity and potentially driving further price growth. As the community eagerly anticipates this event, BONK remains a focal point in the crypto market for its remarkable performance and potential for continued gains.
#NFTIsBack #MicrosoftBTCInvestmentVote
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
3
0