BONK Surges 17.37% to $0.00001264: Will It Break Resistance?

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BONK Surges 17.37% to $0.00001264: Will It Break Resistance?Altcoin News

BONK saw a17.36% price increase, reaching $0.00001264 in 24 hours.

Analysts note a 85.34% drop from BONK’s ATH, highlighting market volatility.

BONK (BONK) demonstrated a 17.36% price surge during the last 24-hour period, where it attained $0.00001264 from the low of $0.00001077 . The rising price of BONK (BONK) has been driven by a trading volume surge of 154% that increased the total volume to $169 million. The growing investor interest in BONK resulted in a market capitalization reaching $911 million. Analysts track the token’s volatility because of its previous price patterns, even though the current market shows signs of improvement.

Analysts Discuss BONK’s Decline and Potential for Future Growth

Astro Frog, an analyst, took to his X account to assess $BONK’s price decline. Since its all-time high (ATH) of $0.00005291, the token has fallen by 85.34%, This significant decline underscores the volatility inherent in meme coins, where market sentiment often drives price fluctuations rather than fundamentals